A credit union's earnings performance has an effect on its safety and soundness. Earnings can be retained by the credit union, expanding its capital buffer, or be used to address problematic loans, potentially making the credit union more resilient in times of trouble. Credit unions that are losing money, however, have less ability to do those things.
FIRST COMMUNITY scored 14 out of a possible 30 on Bankrate's earnings test, beating out the national average of 10.31.
FIRST COMMUNITY had an earnings ratio of 7.00 percent in our test, higher than the average for all credit unions, an indication that it's running ahead of its peers in this area.