A credit union's ability to earn money has an effect on its safety and soundness. A credit union can retain its earnings, increasing its capital buffer, or use them to address problematic loans, likely making the credit union more resilient in tough times. Conversely, losses diminish a credit union's ability to do those things.
SOMERVILLE MUNICIPAL underperformed the average on Bankrate's test of earnings, achieving a score of 8 out of a possible 30.
SOMERVILLE MUNICIPAL had an earnings ratio of 0.00 percent in our test, better than the average for all credit unions, a sign that it's outperforming its peers in this area.