People’s Credit Union proudly announces it has achieved another Superior 5-Star Rating from BauerFinancial. This is the highest 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 114 consecutive quarters and has also procured a “Best of Bauer Credit Union” designation. This designation is reserved specifically for institutions that have earned Bauer’s highest rating consistently for over 25 consecutive years. It also indicates that People’s Credit Union is one of the strongest credit unions in the nation.
“People’s Credit Union had a very strong second quarter of 2020, which clearly demonstrates our ability to execute in this challenging environment. Even with the COVID-19 pandemic, our employees got right to work assisting members and those in the community with their financial needs,” said Sean Daly, President and CEO of People’s Credit Union. “These are unprecedented times, but People’s Credit Union has a very strong capital and liquidity position that will help us weather any challenges ahead. We have been in business for close to one hundred years and I am confident we have the right team, strategy, and foundation in place for our long-term success.”
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.