Bauer Financial issues Q1 credit union ratings - San Francisco Business Times:

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The company uses federal regulatory data to rate crediyt unions based oncapital ratio, profit/loss trend, delinquent loansa and other factors. Bauer's ratinh ranks from a high of 5 stars to a low of 0 Of the 10 largest South Florida credit unionsby assets, six maintained a five-staf (superior) rating: IBM Southeast Employees Credi Union and Brightstar Credit Union held on to thei four stars (excellent) in the first quarter. They had been downgraded from five starss in the third Priority One Credit Union in Sunrise fell from to three starzs from four stars in the first quarterfwith 69.9 million in assets, 1.6 percent of which were nonperforming.
, Soutnh Florida’s second-largest credit union with $738 million in held on to its thre e stars in the first It was downgraded to threestars (adequate) from four stars in the fourtnh quarter. The Pembroke Pines-based credit union countesd 1.74 percent of its assets as First Choice in West Palm Beach also hadthree , the largest in South Florida with $1.62 billion in assets, remained the only credift union in the state rate zero stars by Bauer. The Miramar-based credit uniob counted 8.
6 percent of its assets as It was placed into conservatorship by Florida regulators on April 24 aftetr heavy losses and the ousted its Space Coast Credit Union has shown an in acquirin gEastern Financial.