How successful a credit union is at making money has an effect on its safety and soundness. A credit union can retain its earnings, giving a boost to its capital buffer, or use them to deal with problematic loans, potentially making the credit union more resilient in times of trouble. Losses, on the other hand, reduce a credit union's ability to do those things.
OCEAN COMMUNITIES scored 8 out of a possible 30 on Bankrate's test of earnings, failing to reach the national average of 10.31.
The credit union had an earnings ratio of 4.00 percent in our test, above the average for all credit unions, suggesting that it's outperforming its peers in this area.