How successful a credit union is at earning money affects its long-term survivability. Earnings may be retained by the credit union, increasing its capital cushion, or be used to address problematic loans, likely making the credit union better prepared to withstand financial trouble. Obviously, credit unions that are losing money have less ability to do those things.
LAKES AREA did below-average on Bankrate's earnings test, achieving a score of 0 out of a possible 30.
LAKES AREA had an earnings ratio of -59.00 percent in our test, less than the average for all credit unions, a sign that it's underperforming its peers in this area.