A credit union's profitability has an effect on its safety and soundness. A credit union can retain its earnings, expanding its capital buffer, or put them to work addressing problematic loans, potentially making the credit union more resilient in times of trouble. Losses, on the other hand, diminish a credit union's ability to do those things.
PREMIER ONE fell behind the national average on Bankrate's test of earnings, achieving a score of 10 out of a possible 30.
PREMIER ONE had an earnings ratio of 4.00 percent in our test, better than the average for all credit unions, a sign that it's doing better than its peers in this area.