BauerFinancial Recognizes People’s Credit Union as One of the Nation’s Strongest Credit Unions
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.”
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.
ABOUT PEOPLE’S CREDIT UNION
People’s Credit Union offers a complete range of services including online and mobile banking, savings and checking accounts, personal loans, mortgages, business accounts, business loans, and financial services. Headquartered in Rhode Island, People’s Credit Union is a member-owned, state-chartered, federally insured, community credit union established in 1922. Membership is open to all individuals. Deposits are insured up to $250,000 by the National Credit Union Administration (NCUA), an agency of the federal government. For more information about People’s Credit Union visit www.peoplescu.com.