THE INSTITUTION'S SCORE
Capital acts as a buffer against losses and provides protection for members when a credit union is struggling financially. Therefore, when it comes to measuring an an institution's financial fortitude, capital is essential. When it comes to safety and soundness, the higher the capital, the better.
On our test to measure capital adequacy, TRUITY received a score of 10 out of a possible 30 points, failing to reach the national average of 15.65.
TRUITY's capitalization ratio of 10.00 percent in our test was below the average for all credit unions, a sign that it's on less solid financial footing than its peers.