How successful a credit union is at earning money affects its safety and soundness. Earnings can be retained by the credit union, giving a boost to its capital cushion, or be used to address problematic loans, likely making the credit union more resilient in tough times. Obviously, credit unions that are losing money are less able to do those things.
HAMMOND FIREFIGHTERS ASSN. did below-average on Bankrate's test of earnings, achieving a score of 8 out of a possible 30.
HAMMOND FIREFIGHTERS ASSN. had an earnings ratio of 0.00 percent in our test, higher than the average for all credit unions, suggesting that it's beating its peers in this area.