A credit union's ability to earn money has an effect on its safety and soundness. Earnings can be retained by the credit union, increasing its capital cushion, or be used to address problematic loans, likely making the credit union more resilient in tough times. Conversely, losses diminish a credit union's ability to do those things.
MAX scored 12 out of a possible 30 on Bankrate's test of earnings, beating out the national average of 10.11.
One sign that MAX is running ahead of its peers in this area was its earnings ratio of 0.00 percent in our test, better than the average for all credit unions.