Safe and Sound

D'PUC

Chicago, IL
2
Star Rating
D'PUC is an NCUA-insured credit union founded in 0 and currently based in Chicago, IL. As of June 30, 2017, the credit union had assets of $4.0 million.

Thanks to the work of 2 full-time employees, the credit union has amassed loans and leases worth $643,384. D'PUC's 965 members currently have $3.5 million in shares with the credit union.

Overall, Bankrate believes that, as of June 30, 2017, D'PUC exhibited a generally satisfactory condition, earning 3 out of 5 stars for safety and soundness. Here's a look at how the credit union did on the three important criteria Bankrate used to score American credit unions.

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THE INSTITUTION'S SCORE

Capital Score

Capital is a valuable measurement of an institution's financial resilience. It works as a buffer against losses and affords protection for members when a credit union is struggling financially. When looking at safety and soundness, the more capital, the better.

D'PUC received a score of 14 out of a possible 30 points on our test to measure the adequacy of a credit union's capital, falling short of the national average of 15.26.

D'PUC had a capitalization ratio of 12.00 percent in our test, worse than the average for all credit unions, suggesting that it could be less resilient in a crisis than its peers.

Asset Quality Score

Bankrate uses this test to determine the effect of troubled assets, such as past-due mortgages, on the credit union's loan loss reserves and overall capitalization.

A credit union with extensive holdings of these kinds of assets may eventually be forced to use capital to cover losses, reducing its cushion of equity. Many of those assets are also likely to be in non-accrual status and thus aren't earning money, reducing earnings and elevating the chances of a future failure.

D'PUC came in below the national average of 38.15 on Bankrate's asset quality test, racking up 36 out of a possible 40 points .

An above-average ratio of troubled assets of 8.00 percent in our test was a potential area of concern for the credit union.

Earnings score

A credit union's profitability has an effect on its long-term survivability. A credit union can retain its earnings, expanding its capital buffer, or put them to work addressing problematic loans, likely making the credit union more resilient in tough times. Conversely, losses reduce a credit union's ability to do those things.

D'PUC received below-average marks on Bankrate's earnings test, achieving a score of 0 out of a possible 30.

One indication that D'PUC is underperforming its peers in this area was its earnings ratio of -4.00 percent in our test, worse than the average for all credit unions.

WHAT IS SAFE & SOUND?

Bankrate.com's Safe & Sound Ratings provide a star rating system to evaluate the current financial status of financial institutions. The information gathered about banks, credit unions and thrifts is updated as set forth in the Terms of Use of Safe & Sound Ratings and Reports. The Safe & Sound Ratings information is grouped by categories of banks, thrifts and credit unions.

Scoring methodology

Bankrate.com evaluates the financial condition of institutions and assigns a one- to five-star rating for each with five stars representing the highest rating. Institutions with satisfactory performance will generally receive a rating of three or more stars. The majority of institutions fall into the three- to four-star range. An institution with an "NR" rating may be too new to rate or may have limited the publicly available information in their regulatory filings. The "NR" is not an indication of financial strength or weakness. The Safe & Sound rating is believed to be reliable, but the information is not guaranteed. In addition, events since the information was collected may have altered the institution's financial condition.