How successful a credit union is at making money has an effect on its long-term survivability. A credit union can retain its earnings, boosting its capital cushion, or put them to work addressing problematic loans, likely making the credit union better able to withstand financial shocks. However, credit unions that are losing money have less ability to do those things.
N.I.C.E. scored 8 out of a possible 30 on Bankrate's test of earnings, coming in below the national average of 10.11.
One sign that N.I.C.E. is doing better than its peers in this area was its earnings ratio of 0.00 percent in our test, higher than the average for all credit unions.