MIDDLETOWN – People’s Credit Union recently received a five-star rating from BauerFinancial Inc., according to a news release.
The top rating from the financial ratings agency is based upon an evaluation of the bank’s capital adequacy, profitability and asset quality, among other criteria.
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This marks the 117th consecutive quarter the credit union has earned this recognition, as well as a Best of Bauer Credit Union designation – awarded to four of out of the state’s 18 credit unions, the release stated.
Nancy Lavin is a PBN staff writer. You may reach her at Lavin@PBN.com.
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