How successful a credit union is at earning money affects its safety and soundness. Earnings may be retained by the credit union, expanding its capital cushion, or be used to address problematic loans, likely making the credit union better prepared to withstand financial shocks. Obviously, credit unions that are losing money are less able to do those things.
On Bankrate's test of earnings, SERVICE 1ST scored 10 out of a possible 30, falling short of the national average of 10.11.
One sign that SERVICE 1ST is outperforming its peers in this area was its earnings ratio of 0.00 percent in our test, above the average for all credit unions.