How successful a credit union is at earning money has an effect on its long-term survivability. Earnings can be retained by the credit union, boosting its capital buffer, or be used to address problematic loans, likely making the credit union more resilient in times of trouble. Losses, on the other hand, reduce a credit union's ability to do those things.
MENOMINEE AREA scored 0 out of a possible 30 on Bankrate's earnings test, less than the national average of 10.31.
MENOMINEE AREA had an earnings ratio of -2.00 percent in our test, worse than the average for all credit unions, a sign that it's running behind its peers in this area.