Bauer’s Star-Ratings, that is. All Bank and Credit Union star-ratings are now updated and available at bauerfinancial.com. And, as we head into the new year, let’s try to set ourselves up financially for success. That means, in part, making sure…
Category: Credit Union Star Ratings
Minority Credit Unions Falling Behind the Curve
The number of federally-insured credit unions that are rated 1-Star or below and/or are less than “Adequately” capitalized by regulatory standards grew 36% in the twelve month period ending June 30, 2021 (from 53 to 72). What’s more, Minority-Owned Credit…
C.U. Star-Ratings Updated with Q2 Data
All bank and Credit Union star-ratings have been updated on our website based on Q2 financial data. While we have spent the past two weeks digging deeper into the results for banks, this week we shift our attention towards federally-insured…
Credit Loss Expectations Brighten
Coral Gables, Florida, June 16, 2021 Coral Gables, FL: BAUERFINANCIAL, Inc., the nation’s premier Bank and Credit Union rating firm, is pleased to report that the majority of U.S. banks have been able to reverse loan loss provisions as the…
All New Credit Union Ratings Q1’2021 Data
All credit union star-ratings are now updated on our website, bauerfinancial.com, based on March 31, 2021 financial data. While the majority of federally-insured credit unions maneuvered their way nicely through the trials of the past year, there were some that…
Nation’s Banks, CUs Standing Strong, So Far
Coral Gables, Florida, March 17, 2021 Coral Gables, FL: BAUERFINANCIAL, Inc., the nation’s premier Bank and Credit Union rating firm, remains cautiously optimistic about the condition of our nation’s banks and credit unions. Net income was down in 2020 as…
New Credit Union Star-Ratings
Membership growth slowed at the nation’s federally-insured credit unions in 2020, but that’s not surprising, as most of us were sheltering in the safety of our homes most of the year. Even so, they managed to gain 4 million new…
When Common Bond Means Struggling Together
We may be tired of hearing that “we’re all in this together”, but for credit union members (who are also owners) their common bond makes it true. In good times, this common bond is a source of strength: a group…
Bank, Credit Union Employees Among 2020’s Unsung Heroes
Coral Gables, Florida, December 17, 2020 Coral Gables, FL: As we gladly say goodbye to 2020 and head into the unknown of 2021, BauerFinancial, Inc., the nation’s premier Bank and Credit Union rating firm, would like to recognize the hard…
New Credit Union Data is Out and…
Third quarter Credit Union data has now been updated on our website. Here are some of the highlights. While the number of Federally-insured credit unions dropped 2.8% since last September (to 5,133), industry assets were up over 16% to almost…