A credit union's profitability has an effect on its safety and soundness. A credit union can retain its earnings, increasing its capital cushion, or put them to work addressing problematic loans, likely making the credit union better prepared to withstand economic trouble. Obviously, credit unions that are losing money have less ability to do those things.
On Bankrate's earnings test, MELROSE scored 0 out of a possible 30, coming in below the national average of 10.31.
MELROSE had an earnings ratio of -374.00 percent in our test, less than the average for all credit unions, suggesting that it's underperforming its peers in this area.