A credit union's earnings performance has an effect on its long-term survivability. A credit union can retain its earnings, expanding its capital buffer, or put them to work addressing problematic loans, potentially making the credit union better prepared to withstand economic shocks. Obviously, credit unions that are losing money are less able to do those things.
On Bankrate's earnings test, TRANSFIGURATION PARISH scored 4 out of a possible 30, less than the national average of 10.11.
TRANSFIGURATION PARISH had an earnings ratio of 0.00 percent in our test, higher than the average for all credit unions, suggesting that it's outperforming its peers in this area.