Area Credit Unions Receive High Financial Strength Ratings

October 30, 2011

Area credit unions have earned high marks from BauerFinancial for financial strength and stability.

Twelve credit unions earned a 5 Star Superior Rating, the highest given: Baptist Regional Medical Credit Union; Central Credit Union of Florida; Florida State Employees FCU; Gulf Winds FCU; Members First Credit Union of Florida; Navy Federal Credit Union; Pen Air Credit Union; Pensacola Federal Credit Union; Pensacola Government FCU; Pensacola L&N FCU; Santa Rosa County FCU; and West Florida Medical FCU.

One, Harvesters FCE of Cantonment, earned a 4 Star Excellent rating.

The rating is based upon the overall financial strength of the institutions. BauerFinancial is an independent bank and credit union ranking and research firm. Financial institutions do not pay for their ratings.

Comments

7 Responses to “Area Credit Unions Receive High Financial Strength Ratings”

  1. Happy Member on November 2nd, 2011 12:08 pm

    I LOVE MEMBERS FIRST CREDIT UNION! They are absolutely wonderful. They always go above and beyond to help me and my family. I don’t understand why any one would do business with a Bank.

  2. Unemployed on November 1st, 2011 3:33 pm

    I’m unemployed and Harvesters treats me the same. They have always been good to us. Yes, please send the big banks a message by moving you money to a credit union, they will treat you right and save you a little also. Tell the Big Boys to Kiss Off!!!

  3. Pure one on November 1st, 2011 6:35 am

    I love my credit union, (Pen Air) and will NOT go anywhere else!!

  4. 429SCJ on October 31st, 2011 9:05 am

    I noticed these Credit Unions share a common thread. They serve people that are employed.

  5. Friction Against the Machine on October 30th, 2011 9:51 pm

    I recently cancelled my debit card with a big bank…$4 a month? Really? Most small town banks don’t charge anything…big corporations make bone headed decisions…let’s all send a message by pulling the plug on the big boys!

  6. Thinker on October 30th, 2011 1:39 pm

    The Banks have a big suprise coming since people are moving their bank accounts to credit unions to protest all the new service charges the banks feel they deserve. The banks forgot we are the Customer and we do indeed have a choice of where to put our money. If we keep enough money in the bank they might give us something for free. I call their service charges the poor mans tax. If you are wealthy, every service they have is free. Doesn’t this see both backward and unfair? Credit Unions are glad to see us and treat us like old friends. Great Financial Institutations in this day. Chase and Regions changed their minds about the new service charges on Thursday when the heard the days to bail out of the banks was up to Nov 5th. How kind of them.

  7. Jane on October 30th, 2011 6:23 am

    Maybe we need to send the CEOs of these credit unions to Washington to teach economics to these no-commom-sense PHDs they have running things there!!!