Texas Trust Credit Union has earned Bauer Financial’s highest 5-Star superior rating based on 2019 financial data. The credit union has achieved this honor for 29 consecutive quarters. A 5-Star rating means Texas Trust is financially strong and excelling in managing its capital, loan and asset quality, profitability, and more.
Bauer Financial is the nation’s leading independent bank and credit union rating firm. The firm’s quarterly analysis and ratings have been a bellwether for financial institutions since 1983.
Bauer Financial Star assessments are based on a scale of zero to the top five star rating to indicate the overall financial strength of the financial institution. All banks and credit unions in the U.S. are analyzed based on Bauer’s proprietary analytics model.
“We are diligent in managing our resources so that we can provide members with a stable financial institution that they can trust to protect their money,” said Jim Minge, CEO of Texas Trust Credit Union. “This rating means that our members belong to a financially healthy credit union, which outperforms what regulators require so that we can do more to help them build brighter financial futures.”
Consumers can review ratings of any financial institution for free online at Bauer Financial’s website. The data can be helpful to consumers in selecting a trustworthy and financially sound credit union or bank.