THE INSTITUTION'S SCORE
Capital acts as a bulwark against losses and affords protection for members during periods of economic instability for the credit union. Therefore, when it comes to measuring an an institution's financial stability, capital is valuable. When looking at safety and soundness, the higher the capital, the better.
GRANITE FURNITURE EMPLOYEES beat out the national average of 15.65 points on our test to measure the adequacy of a credit union's capital, racking up 30 out of a possible 30 points.
GRANITE FURNITURE EMPLOYEES appears to be more well prepared for financial trouble than its peers, with a capitalization ratio of 30.00 percent in our test, better than the average for all credit unions.