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Panama City, FL: Hello Credit Union is excited to announce that BauerFinancial, Inc., the Nation’s Premier Credit Union and Bank Rating Firm, has acknowledged Hello Credit Union as a 5-star rated credit union for the 14th consecutive quarter. 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. Earning another 5-star Superior rating signifies that Hello Credit Union continues to be one of the strongest financial institutions 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 Hello Credit Union, 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.”
Hello Credit Union CEO Mike Akers said, “We are proud to once again earn a 5-star rating for financial stability. Our members can rest assured that we take our fiduciary responsibility seriously and will continue to balance sustained growth with strategic financial planning.”
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.