How successful a credit union is at making money has an effect on its safety and soundness. A credit union can retain its earnings, giving a boost to its capital buffer, or put them to work addressing problematic loans, likely making the credit union better prepared to withstand financial shocks. Losses, on the other hand, diminish a credit union's ability to do those things.
HARBORSTONE scored 12 out of a possible 30 on Bankrate's test of earnings, beating out the national average of 10.11.
One indication that HARBORSTONE is running ahead of its peers in this area was its earnings ratio of 0.00 percent in our test, better than the average for all credit unions.