Asset Quality Score
In this test, Bankrate tries to estimate the effect of problem assets, such as past-due mortgages, on the credit union's capitalization and allocated loan loss reserves.
Having extensive holdings of these types of assets means a credit union could eventually have to use capital to absorb losses, reducing its cushion of equity. It also means that there are likely to be many assets that are in non-accrual status and thus aren't earning money, resulting in depressed earnings and potentially more risk of a future failure.
On Bankrate's test of asset quality, SETTLERS scored 36 out of a possible 40 points, coming in below the national average of 38.09 points.
Troubled assets made up 0.00 percent of SETTLERS's total assets in our test, less than the national average and suggestive of greater financial strength than other credit unions.