How successful a credit union is at earning money affects its safety and soundness. A credit union can retain its earnings, giving a boost to its capital buffer, or use them to address problematic loans, potentially making the credit union better able to withstand economic trouble. However, credit unions that are losing money are less able to do those things.
On Bankrate's test of earnings, SANTA CRUZ COMMUNITY scored 26 out of a possible 30, exceeding the national average of 10.31.
The credit union had an earnings ratio of 18.00 percent in our test, above the average for all credit unions, a sign that it's beating its peers in this area.