Miami Lakes-based JetStream Federal Credit Union was named to the 2014 edition of the Top 200 Healthiest Credit Unions in American according to DepositAccounts. JetStream was a standout in all of the primary evaluation categories. A detailed breakdown of JetStream's rating shows an industry-leading financial health score.
DepositAccounts rates credit unions on a texas ratio, texas ratio trend, deposit growth, and capitalization. A texas ratio is a straightforward way to determine overall credit troubles experienced by financial institutions and is determined by comparing total value of at-risk loans to total value of funds that bank has on hand to cover those loans. Deposit growth is a measure of deposits made by bank members, and capitalization is an institution's assets minus its liabilities.
JetStream Federal Credit Union’s texas ratio is 2.34 percent which is considered excellent. The credit union has also increased deposits to reach a 4.46 percent growth for the year and a capitalization level of 11.47 percent which is considered excellent.
For additional information visit https://www.depositaccounts.com/banks/jetstream-cu.html