A credit union's earnings performance affects its safety and soundness. Earnings can be retained by the credit union, boosting its capital buffer, or be used to deal with problematic loans, potentially making the credit union better prepared to withstand economic trouble. Conversely, losses reduce a credit union's ability to do those things.
LAKE HURON scored 14 out of a possible 30 on Bankrate's test of earnings, beating out the national average of 10.11.
LAKE HURON had an earnings ratio of 0.00 percent in our test, above the average for all credit unions, suggesting that it's doing better than its peers in this area.