A credit union's profitability has an effect on its safety and soundness. A credit union can retain its earnings, expanding its capital buffer, or use them to deal with problematic loans, potentially making the credit union better prepared to withstand economic trouble. However, credit unions that are losing money have less ability to do those things.
NORTH IOWA COMMUNITY scored 6 out of a possible 30 on Bankrate's earnings test, falling short of the national average of 10.11.
One indication that NORTH IOWA COMMUNITY is outperforming its peers in this area was its earnings ratio of 0.00 percent in our test, higher than the average for all credit unions.