THE INSTITUTION'S SCORE
Capital works as a buffer against losses and as protection for members when a credit union is struggling financially. Therefore, when it comes to measuring an an institution's financial stability, capital is crucial. From a safety and soundness perspective, the higher the capital, the better.
On our test to measure the adequacy of a credit union's capital, MECU scored 30 out of a possible 30 points, beating the national average of 15.65.
MECU had a capitalization ratio of 30.00 percent in our test, above the average for all credit unions, suggesting that it could have an easier time weathering financial trouble than its peers.