How successful a credit union is at making money has an effect on its long-term survivability. Earnings may be retained by the credit union, increasing its capital cushion, or be used to deal with problematic loans, potentially making the credit union better prepared to withstand financial shocks. Conversely, losses diminish a credit union's ability to do those things.
On Bankrate's earnings test, WATERFRONT scored 22 out of a possible 30, above the national average of 10.11.
One sign that WATERFRONT is outperforming its peers in this area was its earnings ratio of 0.00 percent in our test, above the average for all credit unions.