Category: Credit Union Star Ratings | Page 2

We Analyze Banks & Credit Unions ...very carefully

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…

common bond can mean struggling together

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 Star Ratings Now Available

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…

Credit Union Data and Ratings are (finally) Out

The NCUA told us we wouldn’t be able to get the full first quarter credit union file until the first week of July. Sadly, they were right, but we have been working day and night for several days to get…

50 CUs Miss Key Benchmark(s)

50 Credit Unions Miss Key Benchmark(s) Like banks, the number of federally insured credit unions continues to decline. After losing 155 in the 12 months ended September 30, 2019, there are now 5,281 reporting. While the number of insured credit…

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