March 30, 2023
Carlsbad, NM – January 2024: BauerFinancial, Inc., the Nation’s Premier Credit Union and Bank Rating Firm, proudly acknowledges that U-1st Community F.C.U., Calrsbad, NM, has earned its highest, 5-Star rating. BauerFinancial reassesses the financial condition of federally-insured credit unions every three months. This latest rating was assigned in January 2024 based on financial data reported as of September 30, 2023. This marks the 66th consecutive quarter that U-1st Community F.C.U. has earned a recommended rating (5-Stars or 4-Stars) from the rating firm. It also signifies that U-1st Community F.C.U. continues to be one of the strongest credit unions in the nation.
“Bauer rates credit unions based on their overall financial condition,” reports Karen Dorway, president of the rating firm, “and has been doing so for over 40 years. Having a common bond or bonds with the membership, the employees of credit unions, like U-1st Community F.C.U., feel a kinship and have a desire to see members grow and thrive,” continues Dorway. “It gives me great pleasure to acknowledge that a credit union that measures its success by the success of its peers, does so from such a solid financial foundation.”
Since its inception in 1955, U-1st Community F.C.U. has been an enthusiastic supporter of the people within its field of membership. U-1st Community F.C.U. is a dedicated banking partner and much more. Supporting its member-owners is what it does, and what it has done for 69 years. This credit union wouldn’t have it any other way..
U-1st Community Federal Credit Union: “Where We Put YOU First!”
Bank and Credit Union data compiled from financial data for the period noted, as reported to federal regulators. The financial data obtained from these sources is consistently reliable, although; the accuracy and completeness of the data cannot be guaranteed by BauerFinancial, Inc. Since 1983, BauerFinancial has relied upon this data in its judgment and in rendering its opinion (e.g. determination of star ratings). BauerFinancial, Inc. is not a financial advisor; it is an independent bank research firm. No institution can pay for or opt out of a BauerFinancial rating. Star-ratings are all available for free at bauerfinancial.com.
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