Asset Quality Score
Bankrate uses this test to determine the effect of problem assets, such as unpaid mortgages, on the credit union's reserves set aside to cover loan losses, as well as overall capitalization.
Having lots of these types of assets suggests a credit union may have to use capital to cover losses, reducing its cushion of equity. Many of those assets are also likely to be in non-accrual status and thus aren't earning interest for the credit union, resulting in depressed earnings and potentially more risk of a failure in the future.
On Bankrate's test of asset quality, ST. LUDMILA S scored 36 out of a possible 40 points, failing to reach the national average of 38.09 points.
Troubled assets made up 0.00 percent of ST. LUDMILA S's total assets in our test, beneath the national average and suggestive of greater financial strength than other credit unions.