A credit union's earnings performance affects its safety and soundness. A credit union can retain its earnings, boosting its capital cushion, or put them to work addressing problematic loans, potentially making the credit union better prepared to withstand economic shocks. Conversely, losses lessen a credit union's ability to do those things.
ONOMEA did below-average on Bankrate's test of earnings, achieving a score of 2 out of a possible 30.
One indication that ONOMEA 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.