A credit union's earnings performance affects 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 more resilient in times of trouble. Losses, on the other hand, diminish a credit union's ability to do those things.
On Bankrate's earnings test, GOLDMARK scored 4 out of a possible 30, less than the national average of 10.11.
One indication that GOLDMARK 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.