Asset Quality Score
Bankrate uses this test to determine the effect of problem assets, such as past-due mortgages, on the credit union's loan loss reserves and overall capitalization.
Having large numbers of these kinds of assets means a credit union could eventually have to use capital to absorb losses, shrinking its equity cushion. Many of those assets are also likely to be in non-accrual status and thus aren't earning money, resulting in diminished earnings and potentially more risk of a future failure.
On Bankrate's test of asset quality, W. S. P. scored 36 out of a possible 40 points, falling short of the national average of 38.09 points.
Troubled assets made up 0.00 percent of W. S. P.'s total assets in our test, below the national average and potentially indicative of superior financial strength compared to other credit unions.