A credit union's earnings performance has an effect on its safety and soundness. A credit union can retain its earnings, boosting its capital buffer, or put them to work addressing problematic loans, likely making the credit union better able to withstand financial shocks. Obviously, credit unions that are losing money are less able to do those things.
On Bankrate's test of earnings, POINT LOMA scored 12 out of a possible 30, beating out the national average of 10.31.
One indication that the credit union is running ahead of its peers in this area was its earnings ratio of 5.00 percent in our test, higher than the average for all credit unions.