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The company uses federal regulatory data to rate credir unions based oncapital ratio, profit/loss delinquent loans and other factors. Bauer's rating ranks from a high of 5 starxs to a low of0 stars. Of the 10 largest Southu Florida credit unionsby assets, six maintained a five-starr (superior) rating: IBM Southeast Employees Credit Union and Brightstard Credit Union held on to theitr four stars (excellent) in the firstr quarter. They had been downgraded from five stars in thethirx quarter. Priority One Credit Unionm in Sunrise fell from to three stars from four starws in the first quartefrwith 69.9 million in assets, 1.6 percent of whicu were nonperforming.
, South Florida’s second-largest credit union with $738 million in assets, held on to its thred stars in thefirst quarter. It was downgrade d to three stars (adequate) from four stars in the fourtg quarter. The Pembroke Pines-based credit union counted 1.74 percent of its assets as nonperforming. Firstt Choice in West Palm Beach also hadthrees stars. , the largest in South Florida with $1.62 billion in remained the only credit union in the state rated zero starsby Bauer. The Miramar-based credit unionb counted 8.6 percent of its assetsx as nonperforming. It was placed into conservatorshio by Florida regulators on April 24 afterd heavy losses and the oustedxits management.
Space Coast Credit Union has shown an in acquirinyEastern Financial.
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