A credit union's profitability affects its long-term survivability. A credit union can retain its earnings, giving a boost to its capital cushion, or put them to work addressing 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, GECO scored 0 out of a possible 30, lower than the national average of 10.31.
One indication that GECO is performing behind its peers in this area was its earnings ratio of -10.00 percent in our test, below the average for all credit unions.