A credit union's profitability has an effect on its safety and soundness. Earnings can be retained by the credit union, expanding its capital cushion, or be used to address problematic loans, likely making the credit union better able to withstand financial trouble. Conversely, losses take away from a credit union's ability to do those things.
On Bankrate's test of earnings, CLASS ACT scored 16 out of a possible 30, beating out the national average of 10.11.
One sign that CLASS ACT 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.