A credit union's profitability has an effect on its safety and soundness. Earnings can be retained by the credit union, giving a boost to its capital cushion, or be used to deal with problematic loans, potentially making the credit union better prepared to withstand financial shocks. Losses, on the other hand, take away from a credit union's ability to do those things.
HOMEPORT fell short of the national average on Bankrate's earnings test, achieving a score of 0 out of a possible 30.
One indication that HOMEPORT is doing better than its peers in this area was its earnings ratio of 0.00 percent in our test, above the average for all credit unions.