How successful a credit union is at making money affects its long-term survivability. A credit union can retain its earnings, expanding its capital cushion, or use them to deal with problematic loans, likely making the credit union better prepared to withstand economic trouble. Losses, on the other hand, lessen a credit union's ability to do those things.
On Bankrate's earnings test, WAKOTA scored 12 out of a possible 30, above the national average of 10.11.
One sign that WAKOTA 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.