Asset Quality Score
This test's purpose is to estimate how the credit union's capitalization and allocated loan loss reserves could be affected by troubled assets, such as unpaid mortgages.
Having large numbers of these kinds of assets means a credit union could have to use capital to absorb losses, reducing its cushion of equity. It also means that there are likely to be many assets that are in non-accrual status and thus aren't earning money, decreasing earnings and increasing the chances of a future failure.
On Bankrate's test of asset quality, GREATER KC PUBLIC SAFETY scored 40 out of a possible 40 points, better than the national average of 38.09 points.
GREATER KC PUBLIC SAFETY's ratio of problem assets was 0.00 percent in our test, lower than the national average and potentially indicative of greater financial strength than other credit unions.