(BEDFORD) – Hoosier Hills Credit Union (HHCU) was recently honored with a Superior Five-Star rating from BauerFinancial, Inc.
Five stars is the highest available ranking and identify HHCU as one of the country’s strongest financial institutions.
BauerFinancial, Inc. rankings are based upon factors such as capital, historical trends, investment portfolio, profitability, regulatory compliance and asset quality, among other factors.
Information is pulled from detailed financial reports filed with federal regulators, subjected to the current analysis, and compared with historical data for consistency.
Hoosier Hills President and CEO George McNichols said HHCU’s consistently high performance is a solid indicator of maintaining the proper approach from a financial institution standpoint, but that it’s even more important because of the member-centric credit union concept.
“It’s vital to achieve this honor from an independent research firm that recognizes how we operate so diligently,” he said, “but it’s even more important because our work and diligence save members money and help make their lives better. That’s our mission every single day.”