How successful a credit union is at making money affects its long-term survivability. Earnings can be retained by the credit union, expanding its capital buffer, or be used to address problematic loans, likely making the credit union better able to withstand economic trouble. Credit unions that are losing money, however, have less ability to do those things.
On Bankrate's test of earnings, 1199 SEIU scored 6 out of a possible 30, falling short of the national average of 10.31.
One sign that 1199 SEIU is beating its peers in this area was its earnings ratio of 3.00 percent in our test, above the average for all credit unions.