Asset Quality Score
In this test, Bankrate tries to determine the effect of troubled assets, such as unpaid loans, on the credit union's capitalization and allocated loan loss reserves.
Having lots of these kinds of assets could eventually force a credit union to use capital to absorb losses, cutting down on its cushion of equity. It also means that there are likely to be many assets that are in non-accrual status and thus aren't earning interest for the credit union, decreasing earnings and elevating the chances of a failure in the future.
On Bankrate's asset quality test, VIRGINIA BOXER scored 40 out of a possible 40 points, beating out the national average of 38.15 points.
Troubled assets made up 3.00 percent of the credit union's total assets in our test, less than the national average and suggestive of superior financial strength compared to other credit unions.