Asset Quality Score
In this test, Bankrate tries to estimate the effect of problem assets, such as unpaid loans, on the credit union's capitalization and allocated loan loss reserves.
Having a large number of these types of assets could eventually force a credit union to use capital to absorb 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 interest for the credit union, diminishing earnings and increasing the chances of a future failure.
FOUNDERS scored 40 out of a possible 40 points on Bankrate's asset quality test, better than the national average of 38.09.
Troubled assets made up 0.00 percent of FOUNDERS's total assets in our test, lower than the national average and potentially indicative of superior financial strength compared to other credit unions.