THE INSTITUTION'S SCORE
Capital acts as a cushion against losses and provides protection for members during periods of financial trouble for the credit union. Therefore, when it comes to measuring an a credit union's financial fortitude, capital is essential. When it comes to safety and soundness, the higher the capital, the better.
On our test to measure the adequacy of a credit union's capital, MICHIGAN EDUCATIONAL racked up 16 out of a possible 30 points, beating the national average of 15.65.
MICHIGAN EDUCATIONAL had a capitalization ratio of 16.00 percent in our test, identical the average for all credit unions, suggesting that it's right in line with its peers.