A credit union's ability to earn money affects its safety and soundness. Earnings can be retained by the credit union, increasing its capital buffer, or be used to address problematic loans, potentially making the credit union more resilient in times of trouble. Credit unions that are losing money, however, have less ability to do those things.
On Bankrate's test of earnings, THE PEOPLE'S scored 4 out of a possible 30, less than the national average of 10.11.
One indication that THE PEOPLE'S is doing better than its peers in this area was its earnings ratio of 0.00 percent in our test, better than the average for all credit unions.