THE INSTITUTION'S SCORE
Capital acts as a bulwark against losses and provides protection for members when a credit union is experiencing financial trouble. Therefore, when it comes to measuring an a credit union's financial fortitude, capital is crucial. When it comes to safety and soundness, the higher the capital, the better.
On our test to measure capital adequacy, HORIZON scored 22 out of a possible 30 points, above the national average of 15.65.
HORIZON had a capitalization ratio of 22.00 percent in our test, above the average for all credit unions, an indication that it's more well prepared for financial trouble than its peers.