How successful a credit union is at making money has an effect on its safety and soundness. A credit union can retain its earnings, boosting its capital buffer, or use them to deal with problematic loans, likely making the credit union more resilient in times of trouble. Credit unions that are losing money, however, have less ability to do those things.
On Bankrate's earnings test, FIREFIGHTERS scored 0 out of a possible 30, falling short of the national average of 10.11.
One sign that FIREFIGHTERS is doing better than its peers in this area was its earnings ratio of 0.00 percent in our test, above the average for all credit unions.