Asset Quality Score
This test is intended to estimate how the credit union's loan loss reserves and overall capitalization could be affected by problem assets, such as unpaid mortgages.
Having lots of these types of assets may eventually require a credit union to use capital to absorb losses, diminishing its equity buffer. Many of those assets are also likely to be in non-accrual status and thus aren't earning money, resulting in depressed earnings and potentially more risk of a future failure.
On Bankrate's asset quality test, NRS COMMUNITY DEVELOPMENT scored 36 out of a possible 40 points, falling short of the national average of 38.09 points.
Troubled assets made up 0.00 percent of NRS COMMUNITY DEVELOPMENT's total assets in our test, lower than the national average and suggestive of greater financial strength than other credit unions.