A credit union's profitability affects its long-term survivability. Earnings may be retained by the credit union, increasing its capital buffer, or be used to address problematic loans, likely making the credit union more resilient in tough times. Losses, on the other hand, reduce a credit union's ability to do those things.
ECCO underperformed the average on Bankrate's earnings test, achieving a score of 10 out of a possible 30.
One sign that ECCO is outperforming its peers in this area was its earnings ratio of 0.00 percent in our test, above the average for all credit unions.