A credit union's earnings performance affects its safety and soundness. A credit union can retain its earnings, giving a boost to its capital cushion, or put them to work addressing problematic loans, likely making the credit union better able to withstand economic trouble. Conversely, losses lessen a credit union's ability to do those things.
CALIFORNIA STATE & FED EMP #20 scored 12 out of a possible 30 on Bankrate's earnings test, above the national average of 10.31.
The credit union had an earnings ratio of 6.00 percent in our test, above the average for all credit unions, a sign that it's doing better than its peers in this area.