Co-op Services Credit Union Earns 5-Star Rating from BauerFinancial, Inc.
LIVONIA, MI (February 26, 2013) – Co-op Services Credit Union has been awarded a 5-Star rating from BauerFinancial, Inc. This is the highest rating given by the country’s leading independent credit union rating and research firm. BauerFinancial has been reporting on and analyzing the financial condition of U.S. banks and credit unions since 1983.
“This rating is based on a variety of factors with regard to our financial condition and indicates that we are among the safest credit unions in the nation,” said Anthony Carnarvon, CEO of Co-op Services Credit Union. “We continue to maintain a strong financial condition despite the recent severe challenges of Michigan’s local economy.”
“Our ongoing success has been achieved by listening and responding to members’ needs with programs and services that add value and help them to achieve their financial goals,” added Carnarvon.
Headquartered in Livonia, Co-op Services Credit Union has more than 49,000 members and maintains eight full-service branch offices in the Detroit metro area. Members also have access to more than 6,800 credit union service centers and nearly 30,000 ATMs nationwide. Member deposits are insured to $250,000 by the National Credit Union Administration (NCUA), a U.S. government agency. For more information about Co-op Services, visit the credit union web site at www.cscu.org or call 800.321.8570.