A credit union's profitability affects its long-term survivability. Earnings can be retained by the credit union, boosting its capital buffer, or be used to deal with problematic loans, likely making the credit union more resilient in tough times. Credit unions that are losing money, however, are less able to do those things.
ELEMENTS FINANCIAL scored 14 out of a possible 30 on Bankrate's test of earnings, exceeding the national average of 10.11.
One indication that ELEMENTS FINANCIAL is beating its peers in this area was its earnings ratio of 0.00 percent in our test, above the average for all credit unions.