A credit union's ability to earn money has an effect on its safety and soundness. Earnings can be retained by the credit union, boosting its capital buffer, or be used to deal with problematic loans, potentially making the credit union better prepared to withstand financial shocks. Conversely, losses diminish a credit union's ability to do those things.
GOLMAR underperformed the average on Bankrate's test of earnings, achieving a score of 4 out of a possible 30.
GOLMAR had an earnings ratio of 1.00 percent in our test, equal to the average for all credit unions, an indication that it's running neck and neck with its peers in this area.