People’s Credit Union Proven Today; Primed for Tomorrow

People’s Credit Union is once again proud to be recognized as a superior 5-Star rated credit union by BauerFinancial, Inc., Coral Gables, Florida, the nation’s leading credit union and bank rating and research firm. To earn this rating People’s Credit Union must not only report impressive capital levels, but also an enviable loan portfolio with negligible levels of delinquent loans.

“This elite distinction is an honor, we will continue to work hard to stay at BauerFinancial’s highest level of strength and performance. We are proud to be a local financial institution that our members can trust,” commented Ellen Ford, People’s President & CEO.

That’s a combination that has been hard to come by the past couple of years. Yet, People’s Credit Union has managed to do it. With that, BauerFinancial bestows its highest 5-Star Superior rating on People’s Credit Union denoting the highest level of strength and performance that a credit union can receive. In fact, People’s Credit Union has earned this 5-Star Superior rating for the last 79 consecutive quarters putting it in an even more elite group of “sustained superiority institutions.” Only 7% of the nation’s credit unions can claim this distinction.

“Not only has People’s Credit Union proven its efficacy yesterday and today, it is also primed for whatever tomorrow may bring,” observes Karen L. Dorway, president of BauerFinancial. “The past three years have put a considerable amount of pressure on our nation’s financial system and we are pleased to see credit unions, like People’s Credit Union, still able to shine.”

People’s Credit Union serves members through six locations in Bristol, Middletown, Newport, North Kingstown, Portsmouth and Wakefield. People’s, a member-owned, state chartered, federally insured, community credit union established in 1922. Membership is open to all individuals. Deposits are insured up to $250,000 by the National Credit Union Administration (NCUA), an agency of the federal government.

BauerFinancial, Coral Gables, Florida, the nation’s leading independent bank and credit union rating and research firm has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution pays BauerFinancial to rate it, nor can any choose to be excluded. Consumers may obtain star-ratings by visiting www.bauerfinancial.com.

Cuinsight.com