Asset Quality Score
Bankrate uses this test to estimate the impact of problem assets, such as past-due loans, on the credit union's loan loss reserves and overall capitalization.
A credit union with extensive holdings of these kinds of assets could eventually have to use capital to cover losses, cutting down on its equity buffer. Many of those assets are also likely to be in non-accrual status and no longer earning interest for the credit union, pushing down earnings and increasing the risk of a failure in the future.
On Bankrate's asset quality test, CREDIT UNION SOUTH scored 36 out of a possible 40 points, less than the national average of 38.09 points.
Troubled assets made up 0.00 percent of CREDIT UNION SOUTH's total assets in our test, less than the national average and suggestive of greater financial strength than other credit unions.