A credit union's earnings performance has an effect on its long-term survivability. Earnings may be retained by the credit union, increasing its capital buffer, or be used to address problematic loans, potentially making the credit union better prepared to withstand financial shocks. Obviously, credit unions that are losing money have less ability to do those things.
On Bankrate's test of earnings, IBEW 968 scored 0 out of a possible 30, failing to reach the national average of 10.11.
One sign that IBEW 968 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.