THE INSTITUTION'S SCORE
Capital acts as a cushion against losses and affords protection for members when a credit union is struggling financially. Therefore, an institution's level of capital is a key measurement of its financial fortitude. From a safety and soundness perspective, the more capital, the better.
On our test to measure capital adequacy, PLUMBERS LOCAL #27 received a score of 10 out of a possible 30 points, below the national average of 15.65.
PLUMBERS LOCAL #27 had a capitalization ratio of 10.00 percent in our test, less than the average for all credit unions, suggesting that it's on less solid financial footing than its peers.