Compass Community Credit Union has once again been awarded the highest (5-Star) rating for financial strength and stability from the Nation’s Premier Credit Union and Bank Rating Firm, BauerFinancial, Inc.
Earning and maintaining this 5-Star rating is proof that Compass excels in such areas as capital adequacy, profitability, asset quality and much more. This is no coincidence. In fact, this is the 44th consecutive quarter Compass has earned this top rating. This has earned Compass the added title of “Exceptional Performance Credit Union”, a status reserved for institutions that have earned Bauer’s highest rating consistently for at least 10 consecutive years.
“This is indeed reflective of Compass Community Credit Union’s dedication and commitment to its membership,” reflects Karen Dorway, president of BauerFinancial. “Credit Unions, like Compass Community Credit Union, have been on the front lines doing what is necessary to help their members. This is the type of devotion you find among credit unions whose members are also its owners.”
“This is truly an honor. To maintain this high level for 44 consecutive quarters, that shows the dedication and hard work our team puts forth for our members,” said Compass Community Credit Union CEO, Ray Litchfield. “The last 12 months have been challenging for all of us. We continue to do what is best by helping members improve their financial well-being.”
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.
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