THE INSTITUTION'S SCORE
Capital works as a buffer against losses and as protection for members when a credit union is struggling financially. Therefore, when it comes to measuring an an institution's financial strength, capital is valuable. From a safety and soundness perspective, the higher the capital, the better.
On our test to measure the adequacy of a credit union's capital, PRIME FINANCIAL received a score of 8 out of a possible 30 points, below the national average of 15.65.
PRIME FINANCIAL had a capitalization ratio of 8.00 percent in our test, less than the average for all credit unions, suggesting that it's on less solid financial footing than its peers.