THE INSTITUTION'S SCORE
Capital works as a bulwark against losses and as protection for members when a credit union is struggling financially. Therefore, when it comes to measuring an a credit union's financial stability, capital is valuable. When it comes to safety and soundness, more capital is preferred.
SKEL-TEX scored 30 out of a possible 30 points on our test to measure capital adequacy, better than the national average of 15.65.
SKEL-TEX appears to be more resilient than its peers, with a capitalization ratio of 30.00 percent in our test, higher than the average for all credit unions.