THE INSTITUTION'S SCORE
Capital acts as a cushion against losses and as protection for members during periods of economic trouble for the credit union. Therefore, when it comes to measuring an a credit union's financial resilience, capital is valuable. From a safety and soundness perspective, more capital is preferred.
On our test to measure the adequacy of a credit union's capital, OPERATING ENGINEERS LOCAL UNION #3 achieved a score of 20 out of a possible 30 points, exceeding the national average of 15.65.
OPERATING ENGINEERS LOCAL UNION #3 had a capitalization ratio of 20.00 percent in our test, better than the average for all credit unions, an indication that it's stronger than its peers.