Asset Quality Score
Bankrate uses this test to estimate the impact of troubled assets, such as past-due mortgages, on the credit union's loan loss reserves and overall capitalization.
Having a large number of these kinds of assets may eventually force a credit union to use capital to cover losses, decreasing its buffer of equity. It also means that there are likely to be many assets that are in non-accrual status and thus aren't earning money, pushing down earnings and increasing the risk of a failure in the future.
On Bankrate's test of asset quality, WALTHAM MUNICIPAL EMPLOYEES scored 40 out of a possible 40 points, beating the national average of 38.09 points.
Troubled assets made up 0.00 percent of WALTHAM MUNICIPAL EMPLOYEES's total assets in our test, beneath the national average and potentially indicative of greater financial strength than other credit unions.