How successful a credit union is at earning money affects its long-term survivability. Earnings may be retained by the credit union, increasing its capital cushion, or be used to address problematic loans, potentially making the credit union more resilient in tough times. Losses, on the other hand, lessen a credit union's ability to do those things.
ASCENSION scored 16 out of a possible 30 on Bankrate's test of earnings, beating out the national average of 10.11.
One sign that ASCENSION is outperforming its peers in this area was its earnings ratio of 0.00 percent in our test, above the average for all credit unions.