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. Institutions undergo a rigorous, independent analysis of their financial condition. Compass came out on top, which means it has the strength to support its members as it consistently excels in areas such as capital strength, profitability, asset quality, and much more. This is the 45th consecutive quarter that Compass has earned this top rating. In addition, this designation is only available to the top 10%, those institutions that have earned and maintained the 5-Star rating for longer than 90% of the industry.
“The staff is what makes Compass Community Credit Union such an invaluable resource for members. Their employees show continued dedication and commitment to their membership daily”, notes Karen Dorway, president of BauerFinancial. “Credit Unions, like Compass Community Credit Union, help their membership through the good times and the bad. The employees have done an admirable job, maintaining an unblemished balance sheet all the while.”
“I am thrilled that we have received another 5-star rating and have maintained this rating for 45 consecutive quarters. As I’ve stated before, we have staff that go above and beyond and I’m honored to be surrounded by talent that is dedicated to serving our members,” said Compass Community Credit Union CEO, Ray Litchfield.