THE INSTITUTION'S SCORE
Capital works as a buffer against losses and provides protection for members when a credit union is struggling financially. Therefore, when it comes to measuring an an institution's financial stability, capital is key. When it comes to safety and soundness, the more capital, the better.
On our test to measure the adequacy of a credit union's capital, MICHIGAN ONE COMMUNITY received a score of 8 out of a possible 30 points, less than the national average of 15.65.
MICHIGAN ONE COMMUNITY had a capitalization ratio of 8.00 percent in our test, lower than the average for all credit unions, suggesting that it's weaker than its peers.