THE INSTITUTION'S SCORE
Capital acts as a bulwark against losses and as protection for members during times of economic trouble for the credit union. Therefore, a credit union's level of capital is an essential measurement of its financial resilience. When it comes to safety and soundness, the higher the capital, the better.
On our test to measure capital adequacy, SOUTHCOAST achieved a score of 18 out of a possible 30 points, exceeding the national average of 15.65.
SOUTHCOAST appears to be more well prepared for financial trouble than its peers, with a capitalization ratio of 18.00 percent in our test, higher than the average for all credit unions.