People’s Credit Union has announced it is once again a top performer, earning a coveted 5-Star rating from BAUERFINANCIAL, the Nation’s Premier Bank and Credit Union Rating Firm. A five-star rating indicates that People’s Credit Union excels in areas including capital adequacy, profitability, and asset quality. People’s Credit Union has earned and maintained this top honor for 101 consecutive quarters, earning the distinction as a “Best of Bauer” credit union for maintaining a 5-star rating for 25 continuous years or longer.
“People’s Credit Union is a prime example of a credit union excelling at what it was created to do,” explains Karen L. Dorway, president of BauerFinancial. “Its common bond and mutual ownership give its employees and members the same personal investment in the credit union. It makes decisions locally, often for neighbors and friends; and it focuses on quality as opposed to quantity. That focus has paid off for both People’s Credit Union and its membership.”
“At People’s Credit Union, we are committed to providing convenient financial products and extraordinary service to our members,” said Ellen Ford, People’s Credit Union President and CEO. “We have served generations of local residents and we are proud to have maintained a five-star rating for the past 25 years.”
BAUERFINANCIAL, Inc., Coral Gables, Florida the nation’s leading independent bank and credit union rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution can pay for or opt out of a BauerFinancial rating. Consumers may obtain free star-ratings by visiting bauerfinancial.com
Information in this story was obtained from a press release provided by People’s Credit Union,