How successful a credit union is at earning money affects its safety and soundness. Earnings can be retained by the credit union, increasing its capital cushion, or be used to deal with problematic loans, potentially making the credit union more resilient in times of trouble. Credit unions that are losing money, however, are less able to do those things.
OPERATING ENGINEERS LOCAL #148 fell behind the national average on Bankrate's earnings test, achieving a score of 0 out of a possible 30.
OPERATING ENGINEERS LOCAL #148 had an earnings ratio of 0.00 percent in our test, worse than the average for all credit unions, a sign that it's running behind its peers in this area.