How successful a credit union is at earning money affects its long-term survivability. Earnings may be retained by the credit union, boosting its capital cushion, or be used to deal with problematic loans, potentially making the credit union better able to withstand financial shocks. Losses, on the other hand, take away from a credit union's ability to do those things.
CONNECTICUT LABOR DEPT scored 4 out of a possible 30 on Bankrate's earnings test, less than the national average of 10.11.
CONNECTICUT LABOR DEPT had an earnings ratio of 0.00 percent in our test, above the average for all credit unions, an indication that it's beating its peers in this area.