A credit union's earnings performance affects its safety and soundness. A credit union can retain its earnings, giving a boost to its capital cushion, or put them to work addressing problematic loans, potentially making the credit union more resilient in tough times. Obviously, credit unions that are losing money have less ability to do those things.
On Bankrate's test of earnings, ONEIDA COUNTY scored 10 out of a possible 30, falling short of the national average of 10.11.
One sign that ONEIDA COUNTY 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.