THE INSTITUTION'S SCORE
Capital acts as a cushion against losses and provides protection for members when a credit union is experiencing financial trouble. Therefore, when it comes to measuring an an institution's financial stability, capital is useful. From a safety and soundness perspective, the more capital, the better.
On our test to measure the adequacy of a credit union's capital, I.M. DETROIT DISTRICT achieved a score of 30 out of a possible 30 points, above the national average of 15.65.
I.M. DETROIT DISTRICT's capitalization ratio of 30.00 percent in our test was better than the average for all credit unions, suggesting that it's stronger than its peers.