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, potentially making the credit union better prepared to withstand economic trouble. Losses, on the other hand, diminish a credit union's ability to do those things.
NORTHERN CALIFORNIA LATVIAN scored 0 out of a possible 30 on Bankrate's test of earnings, less than the national average of 10.11.
One indication that NORTHERN CALIFORNIA LATVIAN is beating its peers in this area was its earnings ratio of 0.00 percent in our test, above the average for all credit unions.