Asset Quality Score
Bankrate uses this test to determine the impact of troubled assets, such as unpaid loans, on the credit union's reserves set aside to cover loan losses, as well as overall capitalization.
Having extensive holdings of these types of assets may eventually force a credit union to use capital to cover losses, reducing its equity buffer. It also means that there are likely to be many assets that are in non-accrual status and thus aren't earning money, resulting in depressed earnings and potentially more risk of a failure in the future.
On Bankrate's asset quality test, EMBARRASS VERMILLION scored 36 out of a possible 40 points, lower than the national average of 38.09 points.
Troubled assets made up 0.00 percent of EMBARRASS VERMILLION's total assets in our test, less than the national average and suggestive of superior financial strength compared to other credit unions.