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 buffer, or be used to deal with problematic loans, likely making the credit union more resilient in tough times. Credit unions that are losing money, however, have less ability to do those things.
On Bankrate's test of earnings, PALISADES scored 0 out of a possible 30, coming in below the national average of 10.31.
One sign that PALISADES is underperforming its peers in this area was its earnings ratio of 0.00 percent in our test, less than the average for all credit unions.