Asset Quality Score
Bankrate uses this test to determine the impact of troubled assets, such as unpaid loans, on the credit union's loan loss reserves and overall capitalization.
A credit union with a large number of these kinds of assets could eventually have to use capital to cover 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 no longer earning money, diminishing earnings and elevating the risk of a future failure.
On Bankrate's asset quality test, W S S C scored 36 out of a possible 40 points, lower than the national average of 38.09 points.
Troubled assets made up 0.00 percent of W S S C's total assets in our test, beneath the national average and suggestive of greater financial strength than other credit unions.