A credit union's profitability affects its safety and soundness. Earnings may be retained by the credit union, boosting its capital cushion, or be used to address problematic loans, potentially making the credit union better able to withstand economic trouble. Credit unions that are losing money, however, are less able to do those things.
On Bankrate's earnings test, XCEED FINANCIAL scored 0 out of a possible 30, coming in below the national average of 10.31.
One indication that XCEED FINANCIAL is running behind its peers in this area was its earnings ratio of 0.00 percent in our test, below the average for all credit unions.