A credit union's earnings performance affects its safety and soundness. Earnings may be retained by the credit union, increasing its capital buffer, or be used to address problematic loans, potentially making the credit union more resilient in times of trouble. Losses, on the other hand, take away from a credit union's ability to do those things.
On Bankrate's earnings test, ELEVATOR scored 6 out of a possible 30, lower than the national average of 10.11.
One sign that ELEVATOR 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.