A credit union's earnings performance affects its safety and soundness. Earnings may be retained by the credit union, giving a boost to its capital buffer, or be used to address problematic loans, potentially making the credit union more resilient in tough times. However, credit unions that are losing money are less able to do those things.
On Bankrate's earnings test, FINGER LAKES HEALTH CARE scored 12 out of a possible 30, above the national average of 10.11.
One sign that FINGER LAKES HEALTH CARE 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.