How successful a credit union is at earning money has an effect on its safety and soundness. 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 prepared to withstand economic shocks. Conversely, losses lessen a credit union's ability to do those things.
On Bankrate's earnings test, GLATCO scored 6 out of a possible 30, lower than the national average of 10.11.
One sign that GLATCO is doing better than its peers in this area was its earnings ratio of 0.00 percent in our test, higher than the average for all credit unions.