A credit union's ability to earn money affects its safety and soundness. Earnings can be retained by the credit union, giving a boost to its capital buffer, or be used to address problematic loans, likely making the credit union more resilient in times of trouble. Obviously, credit unions that are losing money have less ability to do those things.
On Bankrate's earnings test, FIRST ENTERTAINMENT scored 8 out of a possible 30, below the national average of 10.31.
FIRST ENTERTAINMENT had an earnings ratio of 3.00 percent in our test, higher than the average for all credit unions, suggesting that it's beating its peers in this area.