A credit union's earnings performance affects its safety and soundness. Earnings may be retained by the credit union, increasing its capital buffer, or be used to address problematic loans, potentially making the credit union better prepared to withstand financial trouble. Losses, on the other hand, take away from a credit union's ability to do those things.
On Bankrate's earnings test, PAINESVILLE CREDIT UNION scored 20 out of a possible 30, above the national average of 10.11.
One indication that PAINESVILLE CREDIT UNION is doing better than its peers in this area was its earnings ratio of 0.00 percent in our test, above the average for all credit unions.