How successful a credit union is at making money affects its safety and soundness. Earnings may be retained by the credit union, boosting its capital buffer, or be used to deal with problematic loans, potentially making the credit union more resilient in times of trouble. Losses, on the other hand, reduce a credit union's ability to do those things.
On Bankrate's test of earnings, SUFFOLK scored 6 out of a possible 30, less than the national average of 10.11.
One indication that SUFFOLK is outperforming its peers in this area was its earnings ratio of 0.00 percent in our test, higher than the average for all credit unions.