EUREKA, CA (July 21, 2020) — BauerFinancial, the Nation’s Premier Bank and Credit Union 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 excels in areas of capital adequacy, profitability, asset quality and much more. Earning and maintaining this top rating for 41 consecutive quarters, especially in this environment, makes its accomplishment even more impressive. That makes Compass an “Exceptional Performance Credit Union”, a status reserved for institutions that have earned Bauer’s highest rating consistently for at least 10 consecutive years.
“That’s a noteworthy accomplishment in the best of times,” boasts Karen Dorway, president of the research firm. “Today, it speaks volumes. How do they do it? A solid sense of community, working one on one and providing solutions to members who need it – that is the true mark of a credit union and Compass Community Credit Union does it very well. Its team members have been right there on the front lines doing whatever they could to help their membership throughout the pandemic. And, they’ve done it all without compromising the strength of the credit union itself. That’s doing well while doing good.”
“At Compass Community Credit Union, your relationship, as well as your safety are important to us. We have continually been reevaluating our response to the public health concern and ensuring that we are offering convenient banking options while still keeping our members, employees and communities safe,” said Compass Community Credit Union CEO, Ray Litchfield. “Thank you for allowing us to be your trusted financial partner. I am so proud of the hard work and dedication from our staff to assist members during this difficult time.”
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 73 years, Compass Community Credit Union has been offering financial solutions to members. For more information, visit Compassccu.org.
Bruce Lund
800-440-8662, x315 | blund@CompassCCU.org
