5 Star Rating from BauerFinancial

"We continue to thrive."Bauer Financial 5 star rating awarded March 2024

BauerFinancial, Inc., the Nation’s Premier Credit Union and Bank Rating Firm, is pleased to announce that Lubrizol Employees' Credit Union, Deer Park, TX, has earned its highest, 5-Star Superior rating for financial strength and stability for the 66th consecutive quarter.

Having maintained its financial strength and stability for over a decade, Lubrizol Employees' Credit Union has also earned another designation as an “Exceptional Performance Credit Union”. Only institutions that have earned and maintained this highest 5-Star rating for ten years (40 consecutive quarters), or longer, may claim this distinction. This latest rating was assigned in March 2024 based on December 31, 2023 financial data and signifies that Lubrizol Employees' Credit Union continues to be one of the strongest credit unions in the nation.

“It gives me great pleasure to announce that there are still financial institutions, like Lubrizol Employees' Credit Union, that continue to provide a sense of security in this insecure world,” heralds Karen Dorway, president of BauerFinancial. “Members of Lubrizol Employees' Credit Union probably already know this. They have the privilege of belonging to a credit union that sticks to common-sense values with members in mind. It’s important to let those who might not be aware, know that they have the strength of a 5-Star credit union right in their midst.”

Since its inception in 1954, Lubrizol Employees' Credit Union has been a dedicated anchor to its membership. With a solid track record behind it, Lubrizol Employees' Credit Union has displayed the strength and fortitude to continue forward in the same heedful manner that it has for the past 70 years.

BauerFinancial Inc., of Coral Gables, Florida, has been analyzing and reporting on the financial condition of the nation’s banking industry since 1983. Through the years, BauerFinancial has earned the reputation of “the nation’s bank rating service”. Hundreds of newspapers depend on their ratings for their readers and federal and state regulators refer thousands of inquirers to Bauer each year.

Financial data is compiled for credit unions as reported to the National Credit Union Administration (NCUA), the governing body for credit unions. The star ratings classify each credit union based upon a complex formula which factors in relevant data including, but not limited to: capital, historical trends, loan delinquencies, differences in the book and market values of the investment portfolio, profitability, repossessed assets, reserves, charge-offs, regulatory compliance and asset quality.