THE INSTITUTION'S SCORE
When it comes to measuring an institution's financial stability, capital is crucial. It works as a bulwark against losses and provides protection for members when a credit union is struggling financially. When it comes to safety and soundness, the higher the capital, the better.
On our test to measure the adequacy of a credit union's capital, SOUTH SANPETE received a score of 10 out of a possible 30 points, less than the national average of 15.65.
SOUTH SANPETE had a capitalization ratio of 10.00 percent in our test, lower than the average for all credit unions, suggesting that it could be less resilient in a crisis than its peers.