A credit union's profitability has an effect on its long-term survivability. A credit union can retain its earnings, increasing its capital buffer, or use them to deal with problematic loans, potentially making the credit union better able to withstand economic trouble. Losses, on the other hand, take away from a credit union's ability to do those things.
On Bankrate's test of earnings, CHEEKTOWAGA COMMUNITY scored 6 out of a possible 30, falling short of the national average of 10.11.
CHEEKTOWAGA COMMUNITY had an earnings ratio of 0.00 percent in our test, better than the average for all credit unions, suggesting that it's beating its peers in this area.