A credit union's ability to earn money affects its safety and soundness. A credit union can retain its earnings, expanding its capital buffer, or use them to address problematic loans, likely making the credit union better able to withstand economic trouble. Credit unions that are losing money, however, are less able to do those things.
COREPLUS fell short of the national average on Bankrate's test of earnings, achieving a score of 8 out of a possible 30.
One sign that COREPLUS is beating its peers in this area was its earnings ratio of 4.00 percent in our test, higher than the average for all credit unions.