THE INSTITUTION'S SCORE
Capital works as a buffer 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 fortitude, capital is essential. When looking at safety and soundness, the higher the capital, the better.
PAPER CONVERTERS LOCAL 286/1034 fell below the national average of 15.65 on our test to measure the adequacy of a credit union's capital, achieving a score of 8 out of a possible 30 points.
PAPER CONVERTERS LOCAL 286/1034 had a capitalization ratio of 8.00 percent in our test, worse than the average for all credit unions, a sign that it could be less resilient in a crisis than its peers.