Asset Quality Score
In this test, Bankrate tries to estimate the impact of troubled assets, such as past-due mortgages, on the credit union's reserves set aside to cover loan losses, as well as overall capitalization.
Having a large number of these types of assets means a credit union could have to use capital to absorb losses, reducing its buffer of equity. It also means that there are likely to be many assets that are in non-accrual status and no longer earning money, resulting in diminished earnings and potentially more risk of a failure in the future.
TOWN AND COUNTRY scored above the national average of 38.09 on Bankrate's test of asset quality, racking up 40 out of a possible 40 points .
TOWN AND COUNTRY's ratio of problem assets was 0.00 percent in our test, below the national average and suggestive of greater financial strength than other credit unions.