A credit union's profitability has an effect on its safety and soundness. Earnings may be retained by the credit union, increasing its capital cushion, or be used to address problematic loans, potentially making the credit union more resilient in tough times. Obviously, credit unions that are losing money are less able to do those things.
WASHINGTON GAS LIGHT underperformed the average on Bankrate's earnings test, achieving a score of 2 out of a possible 30.
WASHINGTON GAS LIGHT had an earnings ratio of 0.00 percent in our test, above the average for all credit unions, suggesting that it's running ahead of its peers in this area.