Bauer Financial issues Q1 credit union ratings - Philadelphia Business Journal:

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The company uses federal regulatory data to rate credit union based oncapital profit/loss trend, delinquent loans and other Bauer's rating ranks from a high of 5 stars to a low of 0 stars. Of the 10 largestt South Florida credit unionsdby assets, six maintained a five-star (superior) IBM Southeast Employees Credit Union and Brightstard Credit Union held on to thei four stars (excellent) in the first They had been downgraded from five stares in the third quarter. Priority One Credit Union in Sunrise fell from to thre stars from four stars in the firsgt quarterwith 69.9 million in assets, 1.6 percenr of which were nonperforming.
, Soutyh Florida’s second-largest credit union with $738 million in held on to its threde stars in the first It was downgraded to thre estars (adequate) from four stards in the fourth quarter. The Pembroke Pines-based credit union counted 1.74 percent of its assets as First Choice in West Palm Beach also hadthree , the largest in Soutu Florida with $1.62 billio n in assets, remained the only credit uniohn in the state rated zero stars by Bauer. The Miramar-based credi union counted 8.6 percent of its assets as It was placed into conservatorship by Florida regulators on April 24 afterf heavy losses and the oustexdits management.
Space Coast Credit Union has shown an in acquirinvgEastern Financial.