A credit union's earnings performance affects its safety and soundness. Earnings can be retained by the credit union, giving a boost to its capital cushion, or be used to address problematic loans, potentially making the credit union better prepared to withstand financial trouble. Credit unions that are losing money, however, are less able to do those things.
NEW ENGLAND TEAMSTERS outperformed the average on Bankrate's earnings test, achieving a score of 22 out of a possible 30.
One sign that NEW ENGLAND TEAMSTERS 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.