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 buffer, or use them to deal with problematic loans, likely making the credit union better able to withstand economic shocks. Obviously, credit unions that are losing money have less ability to do those things.
STATE UNIVERSITY OF NY GENESEO scored 2 out of a possible 30 on Bankrate's test of earnings, failing to reach the national average of 10.11.
STATE UNIVERSITY OF NY GENESEO had an earnings ratio of 0.00 percent in our test, above the average for all credit unions, a sign that it's running ahead of its peers in this area.