Safe and Sound

MARATHON COUNTY EMPLOYEES

WAUSAU, WI
4
Star Rating
WAUSAU, WI-based MARATHON COUNTY EMPLOYEES is an NCUA-insured credit union started in 1965. As of December 31, 2017, the credit union held assets of $25.7 million.

Members have $22.8 million on deposit tended by 8 full-time employees. With that footprint, the credit union currently holds loans and leases worth $22.8 million. Its 2,625 members currently have $20.6 million in shares with the credit union.

Overall, Bankrate believes that, as of December 31, 2017, MARATHON COUNTY EMPLOYEES exhibited a good condition, earning 4 out of 5 stars for safety and soundness. Here's an analysis of how the credit union faired on the three important criteria Bankrate used to score American credit unions.

WHAT IS
SAFE AND SOUND?

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THE INSTITUTION'S SCORE

Capital Score

Capital works as a bulwark against losses and as protection for members when a credit union is experiencing economic instability. It follows then that a credit union's level of capital is a useful measurement of its financial strength. When it comes to safety and soundness, the more capital, the better.

MARATHON COUNTY EMPLOYEES exceeded the national average of 15.65 points on our test to measure capital adequacy, receiving a score of 22 out of a possible 30 points.

MARATHON COUNTY EMPLOYEES appears to be stronger than its peers, with a capitalization ratio of 22.00 percent in our test, above the average for all credit unions.

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 past-due mortgages.

Having lots of these kinds of assets suggests a credit union could have to use capital to absorb losses, diminishing 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 interest for the credit union, pushing down earnings and elevating the risk of a future failure.

On Bankrate's asset quality test, MARATHON COUNTY EMPLOYEES scored 36 out of a possible 40 points, below the national average of 38.09 points.

The credit union's ratio of problem assets was 0.00 percent in our test, below the national average and suggestive of greater financial strength than other credit unions.

Earnings score

How successful a credit union is at making money has an effect on its safety and soundness. A credit union can retain its earnings, giving a boost to its capital cushion, or put them to work addressing problematic loans, potentially making the credit union better able to withstand economic shocks. Losses, on the other hand, diminish a credit union's ability to do those things.

On Bankrate's test of earnings, MARATHON COUNTY EMPLOYEES scored 10 out of a possible 30, coming in below the national average of 10.11.

The credit union had an earnings ratio of 0.00 percent in our test, above the average for all credit unions, a sign that it's beating its peers in this area.

WHAT IS SAFE & SOUND?

Bankrate.com's Safe & Sound Ratings provide a star rating system to evaluate the current financial status of financial institutions. The information gathered about banks, credit unions and thrifts is updated as set forth in the Terms of Use of Safe & Sound Ratings and Reports. The Safe & Sound Ratings information is grouped by categories of banks, thrifts and credit unions.

Scoring methodology

Bankrate.com evaluates the financial condition of institutions and assigns a one- to five-star rating for each with five stars representing the highest rating. Institutions with satisfactory performance will generally receive a rating of three or more stars. The majority of institutions fall into the three- to four-star range. An institution with an "NR" rating may be too new to rate or may have limited the publicly available information in their regulatory filings. The "NR" is not an indication of financial strength or weakness. The Safe & Sound rating is believed to be reliable, but the information is not guaranteed. In addition, events since the information was collected may have altered the institution's financial condition.