THE INSTITUTION'S SCORE
Capital acts as a bulwark against losses and affords protection for members when a credit union is struggling financially. It follows then that when it comes to measuring an a credit union's financial resilience, capital is useful. When it comes to safety and soundness, the more capital, the better.
On our test to measure capital adequacy, PLUMBERS & FITTERS LOCAL 675 racked up 16 out of a possible 30 points, better than the national average of 15.65.
PLUMBERS & FITTERS LOCAL 675 had a capitalization ratio of 16.00 percent in our test, identical the average for all credit unions, suggesting that it's right in line with its peers.