Compass Community Credit Union awarded highest (5-Star) rating for financial strength and stability

BauerFinancial, Inc., the Nation’s Premier Credit Union and Bank Rating Firm, proudly announces that Compass Community Credit Union has once again been awarded its highest (5-Star) rating for financial strength and stability. 

Earning a 5-star rating indicates Compass Community Credit Union excels in areas of capital adequacy, profitability, asset quality and much more.

Earning and maintaining this top rating for 43 consecutive quarters gives the added title of “Exceptional Performance Credit Union”, a status reserved for financial institutions that have earned Bauer’s highest rating consistently for at least 10 consecutive years. Compass Community Credit Union has triumphed over everything that has been thrown its way over the past decade.

“This rating is impressive in the best of times,” notes Karen Dorway, president of the research firm. “But I can’t overstate the strength and prudence that Compass Community Credit Union has exhibited over the past years that got it to this point. And as we begin 2021, we have every reason to believe that Compass Community Credit Union will continue to thrive.”

“I am honored to receive this award, especially with the challenges we’ve endured during 2020”, said Compass Community Credit Union CEO, Ray Litchfield. “I am surrounded by talented staff that go the extra mile for our members. Their continued hard work and efforts will positively impact our future success.”

BAUERFINANCIAL, Inc., Coral Gables, Florida, the nation’s leading independent bank and credit union rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution can pay for or opt-out of a BauerFinancial rating. Star-ratings are all available for free at bauerfinancial.com.

Compass Community Credit Union serves members in Humboldt, Del Norte and Trinity counties. Membership is open to anyone who lives, works or worships in these three counties. For over 70 years, Compass Community Credit Union has been offering financial solutions to members. For more information, visit Compassccu.org.