A credit union's ability to earn money has an effect on its long-term survivability. A credit union can retain its earnings, giving a boost to its capital cushion, or use them to address problematic loans, likely making the credit union better able to withstand economic trouble. Credit unions that are losing money, however, have less ability to do those things.
ERIE FIREFIGHTERS scored 8 out of a possible 30 on Bankrate's earnings test, falling short of the national average of 10.11.
ERIE FIREFIGHTERS had an earnings ratio of 0.00 percent in our test, better than the average for all credit unions, an indication that it's outperforming its peers in this area.