A credit union's ability to earn money has an effect on its safety and soundness. A credit union can retain its earnings, expanding its capital cushion, or put them to work addressing problematic loans, potentially making the credit union better able to withstand financial shocks. Conversely, losses lessen a credit union's ability to do those things.
WOODCO scored 6 out of a possible 30 on Bankrate's earnings test, failing to reach the national average of 10.11.
One sign that WOODCO is beating its peers in this area was its earnings ratio of 0.00 percent in our test, higher than the average for all credit unions.