Local credit union gets five-star rating

ESCANABA — Great Lakes First Federal Credit Union in Escanaba has earned a five-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.) Great Lakes First Federal Credit Union has earned and maintained this top honor for 52 consecutive quarters putting it in an even more prominent position as an “Exceptional Performance Credit Union”. This designation is reserved for those institutions securing a 5-Star rating for 40 consecutive quarters or longer.

“By earning Bauer’s highest 5-Star rating, Great Lakes First 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 Great Lakes First Federal Credit Union excel at finding ways to meet these ever-changing needs while maintaining financial discipline and prudent underwriting.”

Great Lakes First Federal Credit Union was established in 1949, and has been providing personal service to its membership for the 68 years since.

Today it operates through two offices in Escanaba and Gladstone and can also be found at glffcu.com.