How successful a credit union is at making 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 more resilient in tough times. Credit unions that are losing money, however, have less ability to do those things.
SOUTH ATLANTIC scored 8 out of a possible 30 on Bankrate's earnings test, falling short of the national average of 10.11.
One indication that SOUTH ATLANTIC is outperforming its peers in this area was its earnings ratio of 0.00 percent in our test, better than the average for all credit unions.