HOW HEALTHY IS THIS CREDIT UNION?
The troubled asset ratio
1. A "troubled asset ratio" compares the sum of troubled assets with the sum of Tier 1 Capital plus Loan Loss Reserves. Generally speaking, higher values in this ratio indicate that a credit union is under more stress caused by loans that are not paying as scheduled. Each credit union graphic is on it's own scale: use caution when comparing two credit unions.
2. The graphs are for comparing this bank to the national median troubled asset ratio. Because the ratio varies so widely among credit unions across the nation, the scale is not consistent and the graphs should not be used to compare credit unions to one another.
Financial details for Onpoint Community
Note: The National Credit Union Administration insures credit union deposit accounts up to $250,000. The "troubled asset ratio" is not an NCUA statistic. It is derived by adding the amounts of loans past due 60 days or more and other real estate owned (primarily properties obtained through foreclosure) and dividing that amount by the credit union's capital and loan loss reserves. It is reported as a percentage. For example, a credit union with $100,000 in "troubled assets" and $1,000,000 in capital would have a "troubled asset ratio" of 10 percent. For a fuller explanation, see our methodology.