THE INSTITUTION'S SCORE
When it comes to measuring a credit union's financial resilience, capital is useful. It works as a cushion against losses and affords protection for members when a credit union is experiencing financial instability. When it comes to safety and soundness, the more capital, the better.
On our test to measure capital adequacy, SHIPBUILDERS scored 20 out of a possible 30 points, beating out the national average of 15.65.
SHIPBUILDERS had a capitalization ratio of 20.00 percent in our test, better than the average for all credit unions, suggesting that it's more well prepared for financial trouble than its peers.