A credit union's profitability affects its long-term survivability. Earnings can be retained by the credit union, expanding its capital buffer, or be used to address problematic loans, likely making the credit union better able to withstand financial trouble. Obviously, credit unions that are losing money are less able to do those things.
VELOCITY COMMUNITY fell short of the national average on Bankrate's earnings test, achieving a score of 6 out of a possible 30.
VELOCITY COMMUNITY had an earnings ratio of 0.00 percent in our test, above the average for all credit unions, an indication that it's outperforming its peers in this area.