How successful a credit union is at earning money affects its long-term survivability. Earnings can be retained by the credit union, boosting its capital buffer, or be used to deal with problematic loans, potentially making the credit union better able to withstand economic trouble. Credit unions that are losing money, however, have less ability to do those things.
CARTER scored 20 out of a possible 30 on Bankrate's test of earnings, beating the national average of 10.31.
One indication that the credit union is outperforming its peers in this area was its earnings ratio of 12.00 percent in our test, higher than the average for all credit unions.