A credit union's profitability affects its safety and soundness. A credit union can retain its earnings, increasing its capital buffer, or use them to address problematic loans, potentially making the credit union better able to withstand financial shocks. Losses, on the other hand, reduce a credit union's ability to do those things.
MID-CITIES scored 0 out of a possible 30 on Bankrate's earnings test, failing to reach the national average of 10.31.
MID-CITIES had an earnings ratio of -34.00 percent in our test, worse than the average for all credit unions, a sign that it's lagging behind its peers in this area.