How successful a credit union is at earning money affects its long-term survivability. Earnings can be retained by the credit union, expanding its capital cushion, or be used to deal with problematic loans, potentially making the credit union better prepared to withstand economic trouble. Credit unions that are losing money, however, have less ability to do those things.
GREENEVILLE WORKS EMPLS. SAV. ASSN. fell behind the national average on Bankrate's earnings test, achieving a score of 4 out of a possible 30.
One indication that GREENEVILLE WORKS EMPLS. SAV. ASSN. 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.