A credit union's profitability has an effect on its safety and soundness. Earnings can be retained by the credit union, expanding its capital buffer, or be used to address problematic loans, likely making the credit union better able to withstand financial trouble. Credit unions that are losing money, however, are less able to do those things.
On Bankrate's earnings test, PETERSBURG FED REF CREDIT UNION INC scored 0 out of a possible 30, less than the national average of 10.11.
PETERSBURG FED REF CREDIT UNION INC had an earnings ratio of 0.00 percent in our test, higher than the average for all credit unions, suggesting that it's running ahead of its peers in this area.