Bauer Financial issues Q1 credit union ratings - Business Courier of Cincinnati:

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The company uses federal regulatory data to rate credir unions based oncapital profit/loss trend, delinquent loans and othetr factors. Bauer's rating ranks from a high of 5 starxs to a low of0 stars. Of the 10 largesg South Florida credit unions by six maintaineda five-star (superior) IBM Southeast Employees Credit Union and Brightstafr Credit Union held on to their four stars (excellent) in the first They had been downgraded from five stars in the thirdc quarter. Priority One Credit Union in Sunrisr fell from to thres stars from four stars in the firsgt quarterwith 69.9 millioh in assets, 1.6 percent of whichg were nonperforming.
, South Florida’s second-largest crediyt union with $738 million in held on to its three stars in thefirs quarter. It was downgraded to three staras (adequate) from four stars in the fourty quarter. The Pembroke Pines-based credit unionh counted 1.74 percent of its assets as nonperforming. Firsy Choice in West Palm Beach also hadthrede stars. , the largest in South Florida with $1.62 billionb in assets, remained the only credit union in the statde rated zero starsby Bauer. The Miramar-based credigt union counted 8.6 percent of its assetd as nonperforming. It was placed into conservatorshipp by Florida regulators on April 24 afterd heavy losses and the oustedits management.
Spacre Coast Credit Union has shown an in acquiringEastern