THE INSTITUTION'S SCORE
When it comes to measuring an institution's financial resilience, capital is useful. It acts as a cushion against losses and as protection for members when a credit union is experiencing financial instability. When looking at safety and soundness, the higher the capital, the better.
On our test to measure capital adequacy, ELY AREA scored 16 out of a possible 30 points, better than the national average of 15.65.
ELY AREA had a capitalization ratio of 16.00 percent in our test, identical the average for all credit unions, suggesting that it's right in line with its peers.