A credit union's profitability has an effect on its safety and soundness. A credit union can retain its earnings, boosting its capital cushion, or use them to deal with problematic loans, likely making the credit union better prepared to withstand economic trouble. Obviously, credit unions that are losing money have less ability to do those things.
ONE THIRTEEN scored 4 out of a possible 30 on Bankrate's earnings test, falling short of the national average of 10.11.
ONE THIRTEEN had an earnings ratio of 0.00 percent in our test, better than the average for all credit unions, an indication that it's doing better than its peers in this area.