THE INSTITUTION'S SCORE
Capital works as a buffer against losses and affords protection for members during times of economic instability for the credit union. Therefore, when it comes to measuring an an institution's financial resilience, capital is useful. When looking at safety and soundness, the more capital, the better.
EASTEX scored below the national average of 15.65 on our test to measure capital adequacy, scoring 12 out of a possible 30 points.
EASTEX had a capitalization ratio of 12.00 percent in our test, below the average for all credit unions, an indication that it's on less solid financial footing than its peers.