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BauerFinancial Recognizes People’s Credit Union as one of the Nation’s Strongest Credit Unions

MIDDLETOWN, RI (March 24, 2021)

People’s Credit Union proudly announces it has achieved another Superior 5-Star Rating from BauerFinancial. This is the highest rating from BAUERFINANCIAL, the Nation’s Premier Bank and Credit Union Rating Firm. A five-star rating indicates that People’s Credit Union excels in areas including capital adequacy, profitability, and asset quality. People’s Credit Union has earned and maintained this top honor for 117 consecutive quarters and has also procured a “Best of Bauer Credit Union” designation. This designation is reserved specifically for institutions that have earned Bauer’s highest rating consistently for over 25 consecutive years. It also indicates that People’s Credit Union is one of the strongest credit unions in the nation. Only 4 out of 18 credit unions were awarded this distinction in Rhode Island.

“At People’s Credit Union we have been helping our members by providing financial solutions for their success – all while enhancing the Credit Union’s financial health and sustainability. During this pandemic, our employees got right to work assisting members and those in the community with their financial needs,” says Sean Daly, President, and CEO of People’s Credit Union. “The success of the Credit Union correlates directly to the success of our members. We have been in business for almost one hundred years, and I am confident we have the right team, foundation, and strategy in place for our long-term success.”


About People's Credit Union

Founded in 1922 and headquartered in Middletown, RI, People's Credit Union is a purpose-driven, member-owned, state-chartered, community credit union that serves as a catalyst for positive change in the community through its member engagement and community support. Known for its wide array of personal banking and business banking products & services, including personal, mortgage, and business lending, membership is open to all individuals. All deposits are insured up to $250,000 by the National Credit Union Administration (NCUA), an agency of the federal government. For more information visit peoplescu.com.

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. Consumers may obtain free star-ratings by visiting bauerfinancial.com.

Contacts

Courtney Hunter
401.619.1754
chunter@peoplescu.com

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