THE INSTITUTION'S SCORE
Capital works as a buffer against losses and as protection for members when a credit union is experiencing economic trouble. Therefore, when it comes to measuring an a credit union's financial fortitude, capital is crucial. When looking at safety and soundness, the higher the capital, the better.
On our test to measure the adequacy of a credit union's capital, FIRST PACE racked up 30 out of a possible 30 points, beating the national average of 15.65.
FIRST PACE appears to be more well prepared for financial trouble than its peers, with a capitalization ratio of 30.00 percent in our test, higher than the average for all credit unions.