How successful a credit union is at earning 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 better prepared to withstand financial trouble. However, credit unions that are losing money are less able to do those things.
On Bankrate's earnings test, ST. GREGORY PARISH scored 12 out of a possible 30, beating out the national average of 10.11.
One sign that ST. GREGORY PARISH 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.