How successful a credit union is at making money affects its safety and soundness. Earnings can be retained by the credit union, giving a boost to its capital cushion, or be used to address problematic loans, potentially making the credit union better prepared to withstand financial shocks. Obviously, credit unions that are losing money have less ability to do those things.
TORRANCE COMMUNITY scored 6 out of a possible 30 on Bankrate's test of earnings, below the national average of 10.31.
The credit union had an earnings ratio of 3.00 percent in our test, higher than the average for all credit unions, an indication that it's outperforming its peers in this area.