A credit union's profitability has an effect on its long-term survivability. Earnings may be retained by the credit union, boosting its capital cushion, or be used to deal with problematic loans, potentially making the credit union better prepared to withstand economic shocks. Credit unions that are losing money, however, have less ability to do those things.
PROVO POLICE & FIRE DEPT. scored 6 out of a possible 30 on Bankrate's test of earnings, less than the national average of 10.11.
One sign that PROVO POLICE & FIRE DEPT. is beating its peers in this area was its earnings ratio of 0.00 percent in our test, better than the average for all credit unions.