THE INSTITUTION'S SCORE
Capital works as a cushion against losses and affords protection for members when a credit union is experiencing financial trouble. Therefore, when it comes to measuring an an institution's financial resilience, capital is valuable. When looking at safety and soundness, more capital is preferred.
On our test to measure the adequacy of a credit union's capital, WANIGAS racked up 18 out of a possible 30 points, beating the national average of 15.65.
WANIGAS appears to be on more solid financial footing than its peers, with a capitalization ratio of 18.00 percent in our test, above the average for all credit unions.