Hoover, AL - January 2023: BauerFinancial, Inc., the Nation’s Premier Credit Union, and Bank Rating Firm, has once again awarded AlaTrust Credit Union its top (5-Star) rating. “It’s important to impress, this award is not granted; it is earned”, emphasizes Karen Dorway, president of BauerFinancial. “AlaTrust Credit Union has earned Bauer’s top rating continuously for 22 consecutive quarters.
Bauer rates every federally insured credit union with the same strict standards, and is pleased to report that AlaTrust Credit Union continues to excel among its peers in areas of capital adequacy, loan quality and more. This marks the 22nd consecutive quarter it has done so - since September 2017! Now that’s worth celebrating. AlaTrust Credit Union has certainly proven it has what it takes to carry it through 2023, whatever it may bring.
“With the Federal Reserve raising interest rates at breakneck speed, it may be tough for some institutions to keep pace”, cautions Dorway. “But, with high capital cushions and an established track record, AlaTrust Credit Union is well-positioned to continue to thrive and be a source of strength for its membership.”
AlaTrust Credit Union was established in 1935 and has been a rock-solid partner for its members ever since. That’s 88 years of relationship-building and bond-strengthening. Everyone within its Field of Membership (FOM) should be proud to call AlaTrust Credit Union their credit union.