THE INSTITUTION'S SCORE
Capital works as a buffer against losses and as protection for members when a credit union is struggling financially. It follows then that an institution's level of capital is a key measurement of its financial fortitude. From a safety and soundness perspective, the more capital, the better.
On our test to measure capital adequacy, LAKE COUNTY EDUCATIONAL received a score of 6 out of a possible 30 points, falling short of the national average of 15.65.
LAKE COUNTY EDUCATIONAL had a capitalization ratio of 6.00 percent in our test, worse than the average for all credit unions, an indication that it's on less solid financial footing than its peers.