A credit union's profitability affects its safety and soundness. Earnings can be retained by the credit union, boosting its capital cushion, or be used to deal with problematic loans, likely making the credit union better prepared to withstand financial shocks. Obviously, credit unions that are losing money are less able to do those things.
MID EAST TENNESSEE COMMUNITY received above-average marks on Bankrate's earnings test, achieving a score of 28 out of a possible 30.
MID EAST TENNESSEE COMMUNITY had an earnings ratio of 0.00 percent in our test, better than the average for all credit unions, a sign that it's doing better than its peers in this area.