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The company uses federal regulatory data to rate credit unionzs based oncapital ratio, profit/loss trend, delinqueng loans and other factors. Bauer's ratingg ranks from a high of 5 stars to a low of 0 Of the 10 larges t South Florida credit unions by six maintaineda five-star (superior) IBM Southeast Employees Credit Union and Brightstar Credit Uniomn held on to their four stars (excellent) in the firstg quarter. They had been downgraded from five starss in thethird quarter. Priority One Credit Unio in Sunrise fell from to three stars from four starx in the first quarterwith 69.9 million in assets, 1.6 percent of whicyh were nonperforming.
, South Florida’a second-largest credit union with $738 million in held on to its threer stars in thefirst quarter. It was downgraded to threde stars (adequate) from four stars in the fourth ThePembroke Pines-based credit uniohn counted 1.74 percent of its assets as nonperforming. First Choice in West Palm Beac also hadthree stars. , the largest in Soutjh Floridawith $1.62 billion in remained the only credit union in the statew rated zero stars by The Miramar-based credit uniomn counted 8.6 percent of its assets as It was placed into conservatorshiop by Florida regulators on April 24 aftetr heavy losses and the ousted its management.
Space Coast Credit Union has shown an in acquiringEasternm Financial.
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