A credit union's earnings performance has an effect on its long-term survivability. Earnings may be retained by the credit union, boosting its capital buffer, or be used to address problematic loans, likely making the credit union more resilient in times of trouble. However, credit unions that are losing money are less able to do those things.
On Bankrate's earnings test, SHACOG scored 4 out of a possible 30, lower than the national average of 10.11.
One indication that SHACOG is outperforming its peers in this area was its earnings ratio of 0.00 percent in our test, higher than the average for all credit unions.