Asset Quality Score
Bankrate uses this test to estimate the impact of problem assets, such as past-due loans, on the credit union's reserves set aside to cover loan losses, as well as overall capitalization.
A credit union with lots of these types of assets could eventually have to use capital to cover losses, shrinking its equity buffer. Many of those assets are also likely to be in non-accrual status and thus aren't earning money, resulting in depressed earnings and potentially more risk of a failure in the future.
On Bankrate's asset quality test, TOWER FAMILY scored 32 out of a possible 40 points, below the national average of 38.09 points.
Troubled assets made up 0.00 percent of TOWER FAMILY's total assets in our test, lower than the national average and potentially indicative of greater financial strength than other credit unions.