How successful a credit union is at making money has an effect on its safety and soundness. A credit union can retain its earnings, increasing its capital buffer, or use them to deal with problematic loans, potentially making the credit union better able to withstand financial trouble. Credit unions that are losing money, however, have less ability to do those things.
MINNESOTA POWER EMPLOYEES scored 4 out of a possible 30 on Bankrate's earnings test, failing to reach the national average of 10.11.
One indication that MINNESOTA POWER EMPLOYEES is running ahead of its peers in this area was its earnings ratio of 0.00 percent in our test, higher than the average for all credit unions.