A credit union's ability to earn money affects its long-term survivability. Earnings can be retained by the credit union, increasing its capital buffer, or be used to deal with problematic loans, likely making the credit union better able to withstand financial trouble. However, credit unions that are losing money are less able to do those things.
RICHMOND CITY EMPLOYEES underperformed the average on Bankrate's test of earnings, achieving a score of 0 out of a possible 30.
One indication that the credit union is running ahead of its peers in this area was its earnings ratio of 0.00 percent in our test, higher than the average for all credit unions.