5 Star Rating from BauerFinancial

"We continue to thrive."Bauer Financial 5 star rating awarded Jan 2021

For the 13th year in a row, BauerFinancial proudly announced that Lubrziol Employees' Credit Union has been awarded the highest (5-star) rating for financial strength and stability. Earning a 5-star rating indicates that we are a safe, financially sound credit union. Earning and maintaining this top rating gives us the added title of "Exceptional Performance Credit Union," a status reserved for institutions that have earned Bauer's highest rating consistently for over 10 consecutive years.

"This rating is impressive in the best of times," notes Karen Dorway, president of the research firm. "But I can't overstate the strength and prudence that Lubrizol Employees' Credit Union has exhibited over the past years that got it to this point. And as we begin 2021, we have every reason to believe that Lubrizol Employees' Credit Union will continue to thrive."

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.