A credit union's ability to earn money has an effect on its safety and soundness. A credit union can retain its earnings, expanding its capital buffer, or put them to work addressing 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.
On Bankrate's test of earnings, LOVE GOSPEL ASSEMBLY scored 30 out of a possible 30, beating out the national average of 10.31.
LOVE GOSPEL ASSEMBLY had an earnings ratio of 49.00 percent in our test, above the average for all credit unions, a sign that it's beating its peers in this area.