How successful a credit union is at earning money has an effect on its safety and soundness. Earnings may be retained by the credit union, increasing its capital cushion, or be used to deal with problematic loans, potentially making the credit union more resilient in times of trouble. Losses, on the other hand, take away from a credit union's ability to do those things.
LYNCHBURG MUNICIPAL EMPLOYEES scored 14 out of a possible 30 on Bankrate's earnings test, beating out the national average of 10.31.
LYNCHBURG MUNICIPAL EMPLOYEES had an earnings ratio of 7.00 percent in our test, higher than the average for all credit unions, an indication that it's outperforming its peers in this area.