Asset Quality Score
In this test, Bankrate tries to determine the impact of troubled assets, such as unpaid loans, 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 types of assets could eventually have to use capital to absorb losses, cutting down on its equity buffer. 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 lower earnings and potentially more risk of a failure in the future.
On Bankrate's test of asset quality, SIOUX FALLS scored 40 out of a possible 40 points, above the national average of 38.09 points.
Troubled assets made up 0.00 percent of SIOUX FALLS's total assets in our test, beneath the national average and potentially indicative of superior financial strength compared to other credit unions.