THE INSTITUTION'S SCORE
Capital acts as a buffer against losses and affords protection for members when a credit union is struggling financially. It follows then that when it comes to measuring an a credit union's financial strength, capital is crucial. From a safety and soundness perspective, the higher the capital, the better.
FIRST NRV scored below the national average of 15.65 on our test to measure capital adequacy, racking up 6 out of a possible 30 points.
FIRST NRV had a capitalization ratio of 6.00 percent in our test, worse than the average for all credit unions, an indication that it's on less solid financial footing than its peers.