Asset Quality Score
Bankrate uses this test to estimate the effect of troubled assets, such as past-due mortgages, on the credit union's reserves set aside to cover loan losses, as well as overall capitalization.
A credit union with extensive holdings of these kinds of assets could eventually have to use capital to absorb losses, cutting down on its equity buffer. Many of those assets are also likely to be in non-accrual status and thus aren't earning money, diminishing earnings and increasing the risk of a future failure.
ROCKLAND EMPLOYEES scored 28 out of a possible 40 points on Bankrate's test of asset quality, below the national average of 38.09.
Troubled assets made up 0.00 percent of ROCKLAND EMPLOYEES's total assets in our test, below the national average and potentially indicative of greater financial strength than other credit unions.