THE INSTITUTION'S SCORE
Capital works as a cushion against losses and provides protection for members when a credit union is struggling financially. Therefore, when it comes to measuring an an institution's financial fortitude, capital is useful. When it comes to safety and soundness, the higher the capital, the better.
On our test to measure the adequacy of a credit union's capital, FLORIDA CUSTOMS achieved a score of 26 out of a possible 30 points, above the national average of 15.65.
FLORIDA CUSTOMS appears to be on more solid financial footing than its peers, with a capitalization ratio of 26.00 percent in our test, better than the average for all credit unions.