Local credit union honored by agency
ESCANABA — Peninsula Federal Credit Union, Escanaba, has earned a 5-star rating from BauerFinancial, a bank and credit union rating firm. A five-star rating indicates this credit union excels in areas of capital adequacy, profitability, asset quality and much more.
Earning and maintaining this top 5-Star rating for 109 consecutive quarters puts Peninsula Federal Credit Union in a prominent position as a “Best of Bauer Credit Union.” This designation is reserved for institutions that have maintained Bauer’s highest rating consistently for the last 25 years (100 quarters) or longer. This proves once again that Peninsula Federal Credit Union is among the best in the industry.
“By earning Bauer’s highest 5-Star rating, Peninsula Federal Credit Union proves to its members and the field of prospective members that it is not only committed to their needs but also to financial discipline,” notes Karen L. Dorway, president of BauerFinancial. “As times change, so do members’ needs. Institutions like Peninsula Federal Credit Union excel at finding ways to meet these ever-changing needs while maintaining financial discipline and prudent underwriting.”
Peninsula Federal Credit Union was established in 1941, and has been providing personal service to its membership for the 76 years since. Today it operated through three conveniently located officers in Escanaba and Menominee and can also be found on the Internet at peninsualfcu.com.