A credit union's profitability affects its safety and soundness. A credit union can retain its earnings, boosting its capital cushion, or use them to address problematic loans, potentially making the credit union more resilient in tough times. Credit unions that are losing money, however, have less ability to do those things.
SOUTHERNMOST scored 2 out of a possible 30 on Bankrate's earnings test, less than the national average of 10.11.
SOUTHERNMOST had an earnings ratio of 0.00 percent in our test, above the average for all credit unions, a sign that it's doing better than its peers in this area.