A credit union's profitability affects its safety and soundness. Earnings may be retained by the credit union, expanding its capital cushion, or be used to address problematic loans, likely making the credit union better able to withstand financial shocks. Credit unions that are losing money, however, have less ability to do those things.
On Bankrate's test of earnings, PELICAN STATE scored 26 out of a possible 30, above the national average of 10.31.
One indication that the credit union is beating its peers in this area was its earnings ratio of 16.00 percent in our test, above the average for all credit unions.