THE INSTITUTION'S SCORE
Capital works as a bulwark against losses and affords protection for members when a credit union is struggling financially. Therefore, when it comes to measuring an an institution's financial resilience, capital is valuable. When looking at safety and soundness, the higher the capital, the better.
NORTHRIDGE COMMUNITY exceeded the national average of 15.65 points on our test to measure the adequacy of a credit union's capital, racking up 18 out of a possible 30 points.
NORTHRIDGE COMMUNITY had a capitalization ratio of 18.00 percent in our test, higher than the average for all credit unions, a sign that it could be more resilient in a crisis than its peers.