Tuesday, September 28, 2010

FIVE STAR HUDSON RIVER COMMUNITY CREDIT UNION ONE OF THE NATION’S STRONGEST CREDIT UNIONS

Hudson River Community Credit Union (HRCCU) has once again earned the highest rating for strength and stability from BAUERFINANCIAL, Inc.’s, the nation’s credit union rating firm. Earning Bauer’s coveted 5-Star Superior rating indicates that HRCCU is one of the strongest credit unions in the country, excelling in such areas as capital adequacy, delinquent loan levels and profitability. In, fact, HRCCU has earned this top rating for the past 63 consecutive quarters. Having earned a 5-Star rating for more than ten years running, HRCCU has earned itself the added distinction of being an Excepti onal Performance Credit Union.

“As the number of “problem” financial institutions continues to grow,” comments Karen L. Dorway, President of BauerFinancial, “the fact that Hudson River Community Credit Union cannot just withstand the pressures, but even excel in this environment, indicates its management is doing things right. Bauer’s stringent 5-Star requirements haven’t changed, but the climate defi nitely has and the fact that Hudson River Community Credit Union has earned this prestigious rating sets it well above its peers.”

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