How successful a credit union is at making money affects its long-term survivability. A credit union can retain its earnings, giving a boost to its capital buffer, or put them to work addressing problematic loans, potentially making the credit union better able to withstand financial trouble. Losses, on the other hand, diminish a credit union's ability to do those things.
On Bankrate's earnings test, THUNDER BAY AREA scored 2 out of a possible 30, lower than the national average of 10.31.
THUNDER BAY AREA had an earnings ratio of 1.00 percent in our test, equal to the average for all credit unions, an indication that it's right in line with its peers in this area.