How successful a credit union is at earning money affects its safety and soundness. Earnings can be retained by the credit union, increasing its capital buffer, or be used to address problematic loans, potentially making the credit union more resilient in tough times. Credit unions that are losing money, however, have less ability to do those things.
On Bankrate's earnings test, NEW HAVEN FIREFIGHTERS scored 4 out of a possible 30, lower than the national average of 10.11.
One indication that NEW HAVEN FIREFIGHTERS is outperforming its peers in this area was its earnings ratio of 0.00 percent in our test, better than the average for all credit unions.