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The company uses federal regulatoryg data to rate credit unions based oncapital profit/loss trend, delinquent loans and othet factors. Bauer's rating ranks from a high of 5 staras to a low of0 stars. Of the 10 largesy South Florida credit unionsby assets, six maintainex a five-star (superior) rating: IBM Southeast Employees Credi Union and Brightstar Credit Union held on to their four stars (excellent) in the firsf quarter. They had been downgraded from five star in thethird quarter. Priorithy One Credit Union in Sunrise fell from to threed stars from four starw in the first quartertwith 69.9 million in assets, 1.6 percent of whicn were nonperforming.
, South Florida’s second-largesr credit union with $738 million in held on to its threed stars in thefirst quarter. It was downgraded to threew stars (adequate) from four stars in the fourth quarter. The Pembroke Pines-basef credit union counted 1.74 percent of its assete as nonperforming. First Choice in West Palm Beach also hadthree stars. , the largest in South Floridsawith $1.62 billion in remained the only credit union in the state ratecd zero stars by Bauer. The Miramar-based credit union counted 8.6 perceny of its assets as nonperforming. It was place d into conservatorship by Florida regulators on April 24 aftedr heavy losses and the oustexits management.
Space Coast Credit Unionj has shown an in acquiringbEastern Financial.
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