A credit union's profitability affects its safety and soundness. Earnings can be retained by the credit union, boosting its capital cushion, or be used to deal with problematic loans, potentially making the credit union better prepared to withstand financial shocks. Losses, on the other hand, take away from a credit union's ability to do those things.
CREDIT UNION ONE scored 0 out of a possible 30 on Bankrate's test of earnings, coming in below the national average of 10.31.
CREDIT UNION ONE had an earnings ratio of -4.00 percent in our test, less than the average for all credit unions, an indication that it's performing behind its peers in this area.