THE INSTITUTION'S SCORE
Capital works as a bulwark against losses and as protection for members when a credit union is struggling financially. It follows then that an institution's level of capital is a valuable measurement of its financial fortitude. When looking at safety and soundness, the more capital, the better.
On our test to measure capital adequacy, PEOPLES received a score of 8 out of a possible 30 points, coming in below the national average of 15.65.
PEOPLES appears to be less well prepared for financial trouble than its peers in this area, with a capitalization ratio of 8.00 percent in our test, below the average for all credit unions.