Safe and Sound

YANTIS

YANTIS, TX
4
Star Rating
YANTIS is an NCUA-insured credit union started in 1955 and currently based in YANTIS, TX. As of December 31, 2017, the credit union had assets of $22.7 million.

With 8 full-time employees, the credit union has amassed loans and leases worth $13.5 million. YANTIS's 1,764 members currently have $18.9 million in shares with the credit union.

Overall, Bankrate believes that, as of December 31, 2017, YANTIS exhibited a good condition, earning 4 out of 5 stars for safety and soundness. Here's an analysis of how the credit union did on the three key criteria Bankrate used to evaluate American credit unions.

WHAT IS
SAFE AND SOUND?

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THE INSTITUTION'S SCORE

Capital Score

Capital acts as a cushion against losses and affords protection for members when a credit union is experiencing economic instability. Therefore, an institution's level of capital is an essential measurement of its financial resilience. When looking at safety and soundness, more capital is preferred.

YANTIS beat out the national average of 15.65 points on our test to measure capital adequacy, scoring 22 out of a possible 30 points.

YANTIS had a capitalization ratio of 22.00 percent in our test, higher than the average for all credit unions, a sign that it's stronger than its peers.

Asset Quality Score

In this test, Bankrate tries to estimate the impact of troubled assets, such as past-due mortgages, on the credit union's capitalization and allocated loan loss reserves.

Having extensive holdings of these types of assets suggests a credit union could have to use capital to absorb losses, cutting down on its equity buffer. It also means that there are likely to be many assets that are in non-accrual status and thus aren't earning money, resulting in reduced earnings and potentially more risk of a future failure.

YANTIS scored 40 out of a possible 40 points on Bankrate's test of asset quality, above the national average of 38.09.

YANTIS's ratio of troubled assets was 0.00 percent in our test, below the national average and potentially indicative of superior financial strength compared to other credit unions.

Earnings score

A credit union's ability to earn money affects its safety and soundness. Earnings can be retained by the credit union, boosting its capital buffer, or be used to deal with problematic loans, potentially making the credit union more resilient in times of trouble. However, credit unions that are losing money are less able to do those things.

YANTIS scored 4 out of a possible 30 on Bankrate's test of earnings, lower than the national average of 10.11.

One sign that YANTIS is doing better than its peers in this area was its earnings ratio of 0.00 percent in our test, better 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.