As of June 2010, there were 182 federally-insured credit unions that had net worth leverage ratios below 6 percent.
A net worth ratio below 6 percent is associated with being undercapitalized.
These 182 credit unions held approximately $26.8 billion in assets.
Fifteen of these 182 credit unions were critically undercapitalized -- net worth ratio below 2 percent. Most of these critically undercapitalized credit unions have either failed or been merged into a healthy credit union.
Below is a list of credit unions with net worth ratios below 6 percent. (click on images to enlarge).
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