How successful a credit union is at making money has an effect on its long-term survivability. 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 better prepared to withstand financial shocks. Losses, on the other hand, take away from a credit union's ability to do those things.
On Bankrate's test of earnings, GENISYS scored 20 out of a possible 30, exceeding the national average of 10.31.
The credit union had an earnings ratio of 12.00 percent in our test, higher than the average for all credit unions, suggesting that it's beating its peers in this area.