THE INSTITUTION'S SCORE
Capital acts 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 fortitude, capital is important. From a safety and soundness perspective, the more capital, the better.
On our test to measure the adequacy of a credit union's capital, PROFED received a score of 10 out of a possible 30 points, lower than the national average of 15.65.
PROFED had a capitalization ratio of 10.00 percent in our test, below the average for all credit unions, an indication that it's less well prepared for financial trouble than its peers.