How successful a credit union is at making money has an effect on its long-term survivability. Earnings can be retained by the credit union, expanding its capital cushion, or be used to deal with problematic loans, potentially making the credit union more resilient in tough times. However, credit unions that are losing money are less able to do those things.
CLEARPATH scored 6 out of a possible 30 on Bankrate's test of earnings, failing to reach the national average of 10.11.
One indication that CLEARPATH is doing better than its peers in this area was its earnings ratio of 0.00 percent in our test, better than the average for all credit unions.