A credit union's ability to earn money affects its safety and soundness. A credit union can retain its earnings, giving a boost to its capital buffer, or put them to work addressing problematic loans, potentially making the credit union better able to withstand economic trouble. Obviously, credit unions that are losing money have less ability to do those things.
On Bankrate's earnings test, SCHOOLS FINANCIAL scored 20 out of a possible 30, above the national average of 10.31.
The credit union had an earnings ratio of 10.00 percent in our test, above the average for all credit unions, suggesting that it's running ahead of its peers in this area.