How successful a credit union is at earning money affects its long-term survivability. Earnings can be retained by the credit union, expanding its capital buffer, or be used to deal with problematic loans, likely making the credit union better prepared to withstand financial trouble. Obviously, credit unions that are losing money are less able to do those things.
On Bankrate's earnings test, LOVERS LANE scored 16 out of a possible 30, beating the national average of 10.11.
One indication that LOVERS LANE is outperforming its peers in this area was its earnings ratio of 0.00 percent in our test, higher than the average for all credit unions.