Saturday, September 11, 2010

Bauer Financial issues Q1 credit union ratings - Boston Business Journal:

http://www.cashdirectory.info/index.php?s=D&c=489
The company uses federao regulatory data to rate creditt unions based oncapitao ratio, profit/loss trend, delinquent loans and othet factors. Bauer's rating ranks from a high of 5 stars to a low of 0 Of the 10 largest Soutjh Florida credit unionsby assets, six maintainedx a five-star (superior) rating: IBM Southeast Employeezs Credit Union and Brightstar Credit Uniojn held on to their four stars in the first quarter. They had been downgraded from five stars in the third Priority One Credit Unio in Sunrise fell from to threde stars from four starse in the first quarterwith 69.9 million in assets, 1.6 perceng of which were nonperforming.
, Souty Florida’s second-largest credit union with $738 millioj in assets, held on to its three stars in the first It was downgraded to three stars from four stars in the fourth ThePembroke Pines-based credit union counted 1.74 percent of its assets as nonperforming. First Choice in West Palm Beacbh also hadthree stars. , the largesy in South Florida with $1.61 billion in assets, remained the only credit union in the state rated zero stars by The Miramar-based credit union counted 8.6 percentr of its assets as nonperforming. It was placed into conservatorship by Florid regulators on April 24 aftefr heavy losses and the oustedits management.
Spacs Coast Credit Union has shown an in acquiring Eastern Financial.

No comments:

Post a Comment