5 Star Rating from BauerFinancial
"We continue to thrive."
For the 16th year in a row, BauerFinancial is proud to announce that Lubrziol Employees' Credit Union has once again 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.
Bauer rates every federally-insured credit union with the same strict standards, and is pleased to report that Lubrizol Employees' Credit Union continues to come out on top. What’s more, credit unions, like Lubrizol Employees' Credit Union, understand that in order for them to thrive, their members must thrive, explains Karen Dorway, president of BauerFinancial.
“That translates to loyalty and dedication to its membership, a commitment to work together toward a better tomorrow. At Lubrizol Employees' Credit Union, this commitment comes naturally, because its employees and members share much more in common than a financial institution.”
Established in 1953, Lubrizol Employees' Credit Union has carried that dedication to its members for over 69 years. Making connections and supporting members has been its hallmark since its inception. Being rated 5-Stars by Bauer, the best, most trusted and most convenient place to go for a validated, statistical review of your credit union’s financial strength, is the fruit of its labor.
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.