A credit union's ability to earn money affects its long-term survivability. Earnings can be retained by the credit union, giving a boost to its capital cushion, or be used to deal with problematic loans, potentially making the credit union more resilient in tough times. Losses, on the other hand, take away from a credit union's ability to do those things.
SOUTHPOINT FINANCIAL fell short of the national average on Bankrate's test of earnings, achieving a score of 6 out of a possible 30.
SOUTHPOINT FINANCIAL had an earnings ratio of 0.00 percent in our test, higher than the average for all credit unions, suggesting that it's beating its peers in this area.