How successful a credit union is at earning money affects its safety and soundness. A credit union can retain its earnings, increasing its capital cushion, or put them to work addressing problematic loans, potentially making the credit union more resilient in tough times. Conversely, losses reduce a credit union's ability to do those things.
RICHMOND LIGHT EMPLOYEES scored 4 out of a possible 30 on Bankrate's earnings test, less than the national average of 10.11.
RICHMOND LIGHT EMPLOYEES had an earnings ratio of 0.00 percent in our test, above the average for all credit unions, a sign that it's beating its peers in this area.