How successful a credit union is at making money affects its long-term survivability. A credit union can retain its earnings, boosting its capital cushion, or put them to work addressing problematic loans, potentially making the credit union better prepared to withstand economic trouble. Obviously, credit unions that are losing money are less able to do those things.
STEEL VALLEY scored 6 out of a possible 30 on Bankrate's test of earnings, falling short of the national average of 10.31.
One sign that the credit union is beating its peers in this area was its earnings ratio of 3.00 percent in our test, higher than the average for all credit unions.