How successful a credit union is at making money has an effect on its safety and soundness. A credit union can retain its earnings, giving a boost to its capital cushion, or use them to address problematic loans, potentially making the credit union better able to withstand financial shocks. Credit unions that are losing money, however, have less ability to do those things.
On Bankrate's earnings test, UME scored 16 out of a possible 30, beating out the national average of 10.11.
One sign that UME is beating its peers in this area was its earnings ratio of 0.00 percent in our test, above the average for all credit unions.