Bauer Financial issues Q1 credit union ratings - Dayton Business Journal:

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The company uses federal regulatorty data to rate credit unionxs based oncapital ratio, profit/losss trend, delinquent loans and other factors. Bauer'xs rating ranks from a high of 5 stars to a low of 0 Of the 10 largesr South Florida credit unions by six maintaineda five-star rating: IBM Southeast Employees Credit Union and Brightstar Credit Union held on to theier four stars (excellent) in the first They had been downgraded from five stars in the thired quarter. Priority One Credit Uniohn in Sunrise fell from to three stars from four stars in the firs t quarterwith 69.9 million in assets, 1.6 percentr of which were nonperforming.
, Southg Florida’s second-largest credit unionb with $738 million in assets, held on to its threed stars in thefirst quarter. It was downgraded to threre stars (adequate) from four stars in the fourth quarter. The Pembrokew Pines-based credit union counted 1.74 percent of its assets as nonperforming. First Choice in West Palm Beacuh also hadthree stars. , the largest in South Florida with $1.6 billion in assets, remained the only creditf union in the state rated zero stars by The Miramar-based credit union counted 8.6 percentg of its assets as It was placed into conservatorship by Floridqa regulators on April 24 after heavy losses and the oustedr its management.
Space Coast Credit Union has shown an in acquiring Eastern Financial.