A credit union's ability to earn money affects its safety and soundness. Earnings may be retained by the credit union, boosting its capital cushion, or be used to deal with problematic loans, likely making the credit union better able to withstand financial trouble. Conversely, losses lessen a credit union's ability to do those things.
NEW ENGLAND LEE scored 2 out of a possible 30 on Bankrate's earnings test, below the national average of 10.11.
NEW ENGLAND LEE had an earnings ratio of 0.00 percent in our test, higher than the average for all credit unions, suggesting that it's outperforming its peers in this area.