A credit union's earnings performance affects its long-term survivability. A credit union can retain its earnings, expanding its capital buffer, or use them to address problematic loans, potentially making the credit union more resilient in tough times. Conversely, losses reduce a credit union's ability to do those things.
NORTH SHORE scored 10 out of a possible 30 on Bankrate's earnings test, coming in below the national average of 10.11.
One indication that NORTH SHORE is running ahead of its peers in this area was its earnings ratio of 0.00 percent in our test, better than the average for all credit unions.