A credit union's profitability affects its safety and soundness. A credit union can retain its earnings, increasing its capital cushion, or put them to work addressing problematic loans, potentially making the credit union more resilient in tough times. Credit unions that are losing money, however, are less able to do those things.
On Bankrate's earnings test, ALLSOUTH scored 16 out of a possible 30, better than the national average of 10.11.
One sign that ALLSOUTH is doing better than its peers in this area was its earnings ratio of 0.00 percent in our test, better than the average for all credit unions.