How successful a credit union is at making money has an effect on its safety and soundness. A credit union can retain its earnings, expanding its capital cushion, or use them to address problematic loans, likely making the credit union more resilient in tough times. However, credit unions that are losing money have less ability to do those things.
On Bankrate's test of earnings, BIRMINGHAM-BLOOMFIELD scored 18 out of a possible 30, exceeding the national average of 10.11.
One indication that BIRMINGHAM-BLOOMFIELD is running ahead of its peers in this area was its earnings ratio of 0.00 percent in our test, higher than the average for all credit unions.