Asset Quality Score
This test is intended to estimate how the credit union's capitalization and allocated loan loss reserves could be affected by problem assets, such as past-due mortgages.
A credit union with a large number of these kinds of assets could eventually have to use capital to cover losses, shrinking its cushion of equity. 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 future failure.
On Bankrate's asset quality test, FAITH COMMUNITY UNITED scored 36 out of a possible 40 points, below the national average of 38.09 points.
Troubled assets made up 0.00 percent of FAITH COMMUNITY UNITED's total assets in our test, beneath the national average and suggestive of superior financial strength compared to other credit unions.