A credit union's earnings performance affects its safety and soundness. A credit union can retain its earnings, increasing its capital cushion, or use them to address problematic loans, potentially 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 earnings test, CAROLINA scored 0 out of a possible 30, falling short of the national average of 10.11.
One indication that CAROLINA is outperforming its peers in this area was its earnings ratio of 0.00 percent in our test, higher than the average for all credit unions.