5-Star Rating from BauerFinancial: Coast Central has once again been rated as a 5-star financial institution by BauerFinancial. After 78 consecutive quarters of being rated as 5 stars, we are in the top 10% of credit unions in the nation!
For Immediate Release:
March 2016: As Coast Central Credit Union prepares to celebrate 66 Years of providing quality member service to its members in the tri-county region, we are honored to be recognized once again as a 5-Star rated financial institution by BauerFinancial, Inc., the nation’s leading bank and credit union rating and research firm. BauerFinancial, Inc. has been analyzing and rating the nation’s financial institutions since 1983 and Coast Central Credit Union has earned this highest 5-Star rating for the most recent 87 consecutive quarters (That’s over 21 Years!). This rating, based on December 31, 2015 financial data, indicates that Coast Central Credit Union is one of the strongest credit unions in the nation. Coast Central Credit Union has earned an even more elite designation as a “Sustained Superiority Credit Union.” This designation is only available to the top 10%, those institutions that have earned and maintained the 5-Star rating for longer than 90% of the industry.
Karen Dorway, President of Bauer Financial, recognizes that, “As market conditions continue to change, financial institutions must be adept enough to evolve with them. With Coast Central Credit Union’s stellar financial condition and track record, we have no doubt in its ability to do so. Its members are privileged to have such a strong financial partner in their midst.” Dean G. Christensen, President/CEO of Coast Central states; “2015 marked 65 years of serving our membership across the tri-county region. Although we have always prioritized our stability and financial strength, we are deeply proud of the important role that we play in serving our membership and community. As both national and regional banks have phased out of serving our local community, Coast Central’s commitment has never waivered.”/p>
Founded in 1950, Coast Central Credit Union is the largest locally based member-owned financial institution on the North Coast, with over 63,000 members. It operates twelve member services branches throughout Humboldt, Del Norte and Trinity counties, and provides access to a network of over 28,000 surcharge-free ATMs nationwide. More information can be found on its web site at www.coastccu.org.
BauerFinancial, Inc. has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution pays for its rating, nor can any choose to be excluded. To look at star ratings for Coast Central Credit Union or any other financial institution, visit www.bauerfinancial.com.