A credit union's earnings performance 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. Credit unions that are losing money, however, are less able to do those things.
On Bankrate's earnings test, NORTH CAROLINA COMMUNITY scored 6 out of a possible 30, coming in below the national average of 10.11.
One sign that NORTH CAROLINA COMMUNITY is running ahead of its peers in this area was its earnings ratio of 0.00 percent in our test, above the average for all credit unions.