A credit union's earnings performance affects its long-term survivability. A credit union can retain its earnings, expanding its capital cushion, or use them to address problematic loans, likely making the credit union more resilient in tough times. Losses, on the other hand, diminish a credit union's ability to do those things.
LOCAL UNION 1186 IBEW scored 0 out of a possible 30 on Bankrate's earnings test, falling short of the national average of 10.11.
One sign that LOCAL UNION 1186 IBEW is outperforming its peers in this area was its earnings ratio of 0.00 percent in our test, better than the average for all credit unions.