THE INSTITUTION'S SCORE
Capital works as a buffer against losses and affords protection for members when a credit union is struggling financially. It follows then that when it comes to measuring an a credit union's financial fortitude, capital is crucial. When looking at safety and soundness, the more capital, the better.
On our test to measure the adequacy of a credit union's capital, NORTH DISTRICTS received a score of 14 out of a possible 30 points, falling short of the national average of 15.65.
NORTH DISTRICTS had a capitalization ratio of 14.00 percent in our test, lower than the average for all credit unions, a sign that it could have a harder time weathering financial trouble than its peers.