A credit union's profitability affects 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, potentially making the credit union better able to withstand economic shocks. Credit unions that are losing money, however, are less able to do those things.
HAVERHILL FIRE DEPARTMENT underperformed the average on Bankrate's earnings test, achieving a score of 4 out of a possible 30.
HAVERHILL FIRE DEPARTMENT had an earnings ratio of 0.00 percent in our test, higher than the average for all credit unions, a sign that it's outperforming its peers in this area.