Monday, April 4, 2011

Top Honors for Hudson River Community Credit Union


Congratulations to the Hudson River Community Credit Union (HRCCU) for being recognized as a 5-Star Superior Credit Union by BauerFinancial, Inc. for its 65th consecutive quarter.

It's not just anyone that earns this highest 5-star rating. BauerFinancial, the nations bank and credit union rating firm awarded their 5-Star Superior Rating to HRCCU for excelling in areas of capital adequacy, delinquent loan levels and profitability. The fact that HRCCU has earned this recognition for 65 consecutive quarters puts the credit union in an elite group of Exceptional Performance Credit Unions, joining institutions that have consistently earned this highest rating for a minimum of 10 years without interruption.

“Many consumers don’t realize that a credit union has members, not just depositors. Due to specific membership restrictions, there is a unique bond between a credit union and its members”, explains Karen L. Dorway, president of the research firm. “Because of this built-in relationship, credit unions, like HRCCU, have a step up in knowing how to serve each member individually."

By earning this esteemed rating for strength and stability, HRCCU CEO Susan Commanda and the entire HRCCU team are continuing their steadfast commitment to their members and this community.

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