MIDDLETOWN – Bauer Financial Inc., a leading bank and credit union rating and research firm, has given People’s Credit Union a five-star rating, according to a press release.
The rating means People’s Credit Union excels in capital, asset quality and profitability. The credit union has earned the rating, which is the highest given by Bauer Financial, for the most recent 85 consecutive quarters for which it qualified. That puts People’s Credit Union into the category of “sustained superiority credit unions” in the Bauer ratings.
“Maintaining a fiscally sound financial institution is a top priority to us,” said People’s President and CEO Ellen Ford. “It is imperative that we remain a credit union our members can trust. Once again, we are honored to receive this highest five-star rating.”
“Since 1983, Bauer Financial has been rating the nation’s financial institutions,” said the firm’s President Karen Dorway. “In all that time, one thing has remained constant. Top performing institutions maintain strong policies, prudent underwriting and responsible investment. People’s Credit Union is a credit union you can put your trust in.”