A credit union's profitability 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, potentially making the credit union better prepared to withstand economic shocks. Credit unions that are losing money, however, are less able to do those things.
FINANCIAL PARTNERS scored 6 out of a possible 30 on Bankrate's earnings test, lower than the national average of 10.31.
One indication that the credit union is beating its peers in this area was its earnings ratio of 3.00 percent in our test, better than the average for all credit unions.