How successful a credit union is at making money affects its long-term survivability. A credit union can retain its earnings, boosting its capital buffer, or put them to work addressing problematic loans, likely making the credit union better prepared to withstand economic shocks. However, credit unions that are losing money are less able to do those things.
On Bankrate's earnings test, NAVEO scored 10 out of a possible 30, lower than the national average of 10.11.
One indication that NAVEO is beating its peers in this area was its earnings ratio of 0.00 percent in our test, above the average for all credit unions.