How successful a credit union is at making money affects its safety and soundness. A credit union can retain its earnings, boosting its capital buffer, or use them to address problematic loans, potentially making the credit union more resilient in times of trouble. Credit unions that are losing money, however, are less able to do those things.
ALLEGACY did above-average on Bankrate's test of earnings, achieving a score of 18 out of a possible 30.
One indication that the credit union is outperforming its peers in this area was its earnings ratio of 8.00 percent in our test, better than the average for all credit unions.