Asset Quality Score
In this test, Bankrate tries to estimate the effect of troubled assets, such as past-due loans, on the credit union's capitalization and allocated loan loss reserves.
A credit union with lots of these kinds of assets could eventually have to use capital to cover losses, decreasing its cushion of equity. Many of those assets are also likely to be in non-accrual status and no longer earning money, resulting in lower earnings and potentially more risk of a future failure.
VAN CORTLANDT COOPERATIVE scored 0 out of a possible 40 points on Bankrate's test of asset quality, failing to reach the national average of 38.09.
VAN CORTLANDT COOPERATIVE's ratio of problem assets was 1.00 percent in our test, identical to the national average.