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For Immediate Release:
June 2014: Coast Central Credit Union is 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 80 consecutive quarters (20 Years!). This rating, based on March 31, 2014 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”. Only 9% of the nation’s credit unions have earned Bauer’s top rating for so long and with such consistency. This designation is reserved for those that have earned and maintained the 5-Star rating for at least 78 quarters.
“Credit unions are not-for-profit institutions that exist for the sole purpose of serving their members,” reminds Karen L. Dorway, President of BauerFinancial. “Credit unions, like Coast Central Credit Union, that have been able to earn and maintain Bauer’s top rating for strength and security reflect that deep-rooted sense of loyalty to their membership.”
Dean G. Christensen, President/CEO of Coast Central states; “Financial strength has been the priority for Coast Central Credit Union since its inception in 1950. We are proud of the consistent performance of our Board, Senior Management and staff, for delivering on this important commitment to our membership.”
Coast Central operates through twelve conveniently located offices in Arcata, Crescent City, Eureka, Fortuna, Hoopa, McKinleyville, Weaverville and Willow Creek, owns and operates eighteen ATM machines through Humboldt, Del Norte and Trinity counties and can be found on the internet at www.coastccu.org. In addition, members have access to over 30,000 surcharge-free ATMs nationwide through the Co-Op Network. 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.