THE INSTITUTION'S SCORE
Capital works as a cushion against losses and as protection for members during periods of economic instability for the credit union. Therefore, when it comes to measuring an a credit union's financial stability, capital is valuable. When looking at safety and soundness, the higher the capital, the better.
MIDFLORIDA received a score of 10 out of a possible 30 points on our test to measure the adequacy of a credit union's capital, below the national average of 15.65.
MIDFLORIDA had a capitalization ratio of 10.00 percent in our test, lower than the average for all credit unions, a sign that it's weaker than its peers.