A credit union's profitability has an effect on its long-term survivability. A credit union can retain its earnings, increasing its capital buffer, or use them to deal with problematic loans, potentially making the credit union more resilient in times of trouble. Obviously, credit unions that are losing money are less able to do those things.
LOMTO scored 0 out of a possible 30 on Bankrate's earnings test, lower than the national average of 10.11.
One indication that LOMTO is running ahead of its peers in this area was its earnings ratio of 1.00 percent in our test, better than the average for all credit unions.