Bauer Financial issues Q1 credit union ratings - Los Angeles Business from bizjournals:

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The company uses federap regulatory data to rate credit unions basesd oncapital ratio, profit/loss trend, delinquent loans and otherr factors. Bauer's rating ranks from a high of 5 stars to a low of 0 Of the 10 largest South Florida credif unionsby assets, six maintained a five-start (superior) rating: IBM Southeasgt Employees Credit Union and Brightstar Credit Union held on to their four starws (excellent) in the first quarter. They had been downgraded from five stard in thethird quarter. Priority One Crediy Union in Sunrise fell from to three starsd from four stars in the first quarter with 69.9 million in 1.6 percent of which were nonperforming.
, South Florida’d second-largest credit union with $738 million in assets, held on to its three stars in thefirst quarter. It was downgraded to threes stars (adequate) from four stars in the fourth quarter. The Pembroked Pines-based credit union counted 1.74 percenty of its assets as nonperforming. Firsr Choice in West Palm Beac h also hadthree stars. , the largesgt in South Floridawith $1.62 billion in remained the only credit union in the stat rated zero stars by The Miramar-based credit union countexd 8.6 percent of its assetas as nonperforming. It was placed into conservatorship by Florida regulatorss on April 24 after heavy lossee and the oustedits management.
Spacse Coast Credit Union has showhn an in acquiringEasternm Financial.