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Credit Union gets five-star rating 4:46 p.m., Oct. 12, 2006--For the fifth year in a row, the U-Del Federal Credit Union has received a five-star rating from BauerFinancial Inc., the leading independent credit union rating firm. Credit unions are classified on a zero- to five-star scale, which considers the institution's capital, historical trends, loan delinquencies, reserves, charge-offs, regulatory compliance and asset quality. Credit unions receiving four- or five-star ratings are safe, financially sound and operating well above their regulatory capital requirements. "Receiving a Superior rating is indicative of the high quality of service our staff provides in supporting our members' financial goals," Gary Stokes, president of the U-Del Federal Credit Union, said. For more information, call (302) 831-2327 or e-mail to [udel-fc@udel.edu]. |
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