A credit union's profitability has an effect on its long-term survivability. A credit union can retain its earnings, boosting its capital buffer, or use them to deal with problematic loans, likely making the credit union more resilient in times of trouble. However, credit unions that are losing money are less able to do those things.
HUDSON HERITAGE received below-average marks on Bankrate's earnings test, achieving a score of 4 out of a possible 30.
The credit union had an earnings ratio of 2.00 percent in our test, higher than the average for all credit unions, suggesting that it's beating its peers in this area.