A credit union's ability to earn money has an effect on its safety and soundness. A credit union can retain its earnings, expanding its capital cushion, or put them to work addressing problematic loans, likely making the credit union better prepared to withstand financial shocks. Conversely, losses diminish a credit union's ability to do those things.
SERVICE 1 beat the national average on Bankrate's earnings test, achieving a score of 16 out of a possible 30.
One sign that SERVICE 1 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.