Asset Quality Score
In this test, Bankrate tries to estimate the effect of troubled assets, such as unpaid loans, on the credit union's capitalization and allocated loan loss reserves.
Having extensive holdings of these kinds of assets suggests a credit union may eventually have to use capital to cover losses, cutting down on its equity cushion. It also means that there are likely to be many assets that are in non-accrual status and thus aren't earning money, decreasing earnings and elevating the risk of a future failure.
ESPEECO scored 40 out of a possible 40 points on Bankrate's asset quality test, beating out the national average of 38.09.
Troubled assets made up 0.00 percent of ESPEECO's total assets in our test, beneath the national average and suggestive of superior financial strength compared to other credit unions.