A credit union's ability to earn money affects its safety and soundness. Earnings may be retained by the credit union, boosting its capital buffer, or be used to deal with problematic loans, likely making the credit union better prepared to withstand financial shocks. Losses, on the other hand, take away from a credit union's ability to do those things.
SIMPLICITY scored 18 out of a possible 30 on Bankrate's earnings test, above the national average of 10.11.
One sign that SIMPLICITY is beating its peers in this area was its earnings ratio of 0.00 percent in our test, above the average for all credit unions.