A credit union's profitability affects its safety and soundness. A credit union can retain its earnings, giving a boost to its capital buffer, or use them to address problematic loans, likely making the credit union better prepared to withstand financial trouble. Losses, on the other hand, diminish a credit union's ability to do those things.
On Bankrate's test of earnings, ST. JAMES PARISH scored 8 out of a possible 30, below the national average of 10.11.
ST. JAMES PARISH had an earnings ratio of 0.00 percent in our test, better than the average for all credit unions, an indication that it's running ahead of its peers in this area.