A credit union's earnings performance affects its long-term survivability. Earnings can be retained by the credit union, increasing its capital cushion, or be used to address problematic loans, likely making the credit union better prepared to withstand financial shocks. However, credit unions that are losing money have less ability to do those things.
TAPPAN COMMUNITY CREDIT UNION, INC. fell short of the national average on Bankrate's earnings test, achieving a score of 0 out of a possible 30.
One indication that TAPPAN COMMUNITY CREDIT UNION, INC. 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.