September 06, 2010
| MEMBERS1st GETS HIGHEST RATING - FIVE STARS 06/29/2010 |
| MEMBERS1st CCU continues to receive a Five-Star rating from BAUERFINANCIAL, Inc. BAUERFINANCIAL, INC. has been analyzing and reporting on the financial condition of the nation’s financial industry since 1983. The star-ratings classify each credit union based upon a complex formula which factors in relevant data including, but not limited to: capital, historical trends, loan delinquencies, differences in the book and market values of the investment portfolio, profitability, repossessed assets, reserves, charge-offs, regulatory compliance and asset quality. Five-Star credit unions are safe, financially sound credit unions that are operating well above their regulatory capital requirements. Each five-star institution has a capital to assets ratio of 9% or higher. |
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