ALBANY, NY – Directors Choice Credit Union is pleased to announce receipt of a 4-star rating from the independent bank research firm Bauer Financial.
The ranking of four out of a possible five stars, based on 2016 year-end data, puts DCCU on Bauer Financial Inc.’s list of recommended credit unions.
The firm evaluates a variety of factors when rating financial institutions, including: capital, differences in book and market values of the investment portfolio, historical trends, loan delinquencies, profitability, regulatory compliance and other data reported to the National Credit Union Administration.
Bauer Financial considers institutions with four and five-star ratings “safe, financially sound credit unions that are operating well above their regulatory capital requirements.”
“We work hard to make sure our members get the best interest rates and service possible, and the four-star rating from Bauer Financial demonstrates our success,” said Kim Young, DCCU’s Director of Credit Union Services and COO.
Serving Businesses and Individuals in Eight U.S. States
Created by funeral directors for funeral directors, DCCU opened in 2000 and serves state Funeral Directors Association members in eight states: Connecticut, Indiana, Massachusetts, Montana, New Jersey, New York, North Carolina and Wyoming.
A State-chartered Credit Union, DCCU also provides savings and loan services for employees and family members of these state FDA members.
News of the four-star rating comes as Directors Choice prepares to field numerous inquiries for its door-busting special interest rate to be announced in April.
Bauer Financial is not paid to rate credit unions and banks. These institutions cannot choose to be excluded – they rate all of them.
You can search YOUR financial institution’s ranking with Bauer Financial at THIS LINK.
Learn more about Directors Choice Credit Union online at directorschoicecu.com.