A credit union's earnings performance has an effect on its safety and soundness. Earnings may be retained by the credit union, expanding 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.
On Bankrate's earnings test, FREMONT scored 14 out of a possible 30, exceeding the national average of 10.11.
One indication that FREMONT 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.