Safe and Sound

WINSLOW SCHOOL EMPLOYEES

WINSLOW, AZ
5
Star Rating
WINSLOW SCHOOL EMPLOYEES is a WINSLOW, AZ-based, NCUA-insured credit union dating back to 1956. As of December 31, 2017, the credit union held assets of $4.3 million.

Members have $2.6 million on deposit tended by 2 full-time employees. With that footprint, the credit union holds loans and leases worth $2.6 million. Its 529 members currently have $3.7 million in shares with the credit union.

Overall, Bankrate believes that, as of December 31, 2017, WINSLOW SCHOOL EMPLOYEES exhibited a superior condition, earning a full 5 stars for safety and soundness. Here's a look at how the credit union did on the three key criteria Bankrate used to evaluate American credit unions on safety and soundness.

WHAT IS
SAFE AND SOUND?

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THE INSTITUTION'S SCORE

Capital Score

Capital works as a buffer against losses and as protection for members when a credit union is experiencing economic instability. It follows then that a credit union's level of capital is an essential measurement of its financial fortitude. When looking at safety and soundness, the higher the capital, the better.

On our test to measure the adequacy of a credit union's capital, WINSLOW SCHOOL EMPLOYEES racked up 22 out of a possible 30 points, better than the national average of 15.65.

WINSLOW SCHOOL EMPLOYEES had a capitalization ratio of 22.00 percent in our test, better than the average for all credit unions, suggesting that it's stronger than its peers.

Asset Quality Score

This test is intended to try to understand how the credit union's capitalization and allocated loan loss reserves could be affected by troubled assets, such as past-due mortgages.

A credit union with extensive holdings of these kinds of assets could eventually have to use capital to cover losses, reducing its cushion of equity. Many of those assets are also likely to be in non-accrual status and thus aren't earning money, decreasing earnings and increasing the chances of a failure in the future.

WINSLOW SCHOOL EMPLOYEES scored 40 out of a possible 40 points on Bankrate's test of asset quality, better than the national average of 38.09.

WINSLOW SCHOOL EMPLOYEES's ratio of problem assets was 0.00 percent in our test, less than the national average and suggestive of greater financial strength than other credit unions.

Earnings score

How successful a credit union is at making money has an effect on its long-term survivability. A credit union can retain its earnings, boosting its capital cushion, or put them to work addressing problematic loans, likely making the credit union more resilient in times of trouble. Credit unions that are losing money, however, are less able to do those things.

WINSLOW SCHOOL EMPLOYEES received below-average marks on Bankrate's test of earnings, achieving a score of 10 out of a possible 30.

One indication that the credit union is beating its peers in this area was its earnings ratio of 0.00 percent in our test, higher than the average for all credit unions.

WHAT IS SAFE & SOUND?

Bankrate.com's Safe & Sound Ratings provide a star rating system to evaluate the current financial status of financial institutions. The information gathered about banks, credit unions and thrifts is updated as set forth in the Terms of Use of Safe & Sound Ratings and Reports. The Safe & Sound Ratings information is grouped by categories of banks, thrifts and credit unions.

Scoring methodology

Bankrate.com evaluates the financial condition of institutions and assigns a one- to five-star rating for each with five stars representing the highest rating. Institutions with satisfactory performance will generally receive a rating of three or more stars. The majority of institutions fall into the three- to four-star range. An institution with an "NR" rating may be too new to rate or may have limited the publicly available information in their regulatory filings. The "NR" is not an indication of financial strength or weakness. The Safe & Sound rating is believed to be reliable, but the information is not guaranteed. In addition, events since the information was collected may have altered the institution's financial condition.