A credit union's ability to earn money has an effect on its long-term survivability. A credit union can retain its earnings, giving a boost to its capital buffer, or put them to work addressing problematic loans, likely making the credit union better prepared to withstand financial trouble. Losses, on the other hand, reduce a credit union's ability to do those things.
ASBESTOS WORKERS LOCAL 53 did below-average on Bankrate's test of earnings, achieving a score of 0 out of a possible 30.
ASBESTOS WORKERS LOCAL 53 had an earnings ratio of 0.00 percent in our test, above the average for all credit unions, an indication that it's beating its peers in this area.