A credit union's profitability has an effect on its safety and soundness. A credit union can retain its earnings, increasing its capital buffer, or use them to address problematic loans, likely making the credit union better prepared to withstand financial trouble. However, credit unions that are losing money are less able to do those things.
On Bankrate's earnings test, NEW LONDON MUNICIPAL EMPLOYEES scored 0 out of a possible 30, lower than the national average of 10.11.
One sign that NEW LONDON MUNICIPAL EMPLOYEES is running ahead of its peers in this area was its earnings ratio of 0.00 percent in our test, higher than the average for all credit unions.