A credit union's earnings performance 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 financial shocks. Losses, on the other hand, take away from a credit union's ability to do those things.
SCOTT scored 18 out of a possible 30 on Bankrate's earnings test, above the national average of 10.31.
SCOTT had an earnings ratio of 10.00 percent in our test, higher than the average for all credit unions, suggesting that it's doing better than its peers in this area.