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Education Credit Union Given 5-Star Rating and Named Best of Bauer
Thursday, January 25, 2018 7:00 AM

Gregg Bynum
Education Credit Union President/CEO Gregg Bynum

Education Credit Union President and CEO Gregg Bynum announced that Education Credit Union (ECU) continued a 104-consecutive-quarter streak by receiving Bauer Financial’s 5-Star Sustained Superiority rating for 2018 and has been named a Best of Bauer Credit Union.

Amarillo-based ECU is a $254 million credit union and has maintained Bauer’s 5-star rating for 26 consecutive years. The award is given to financial intuitions that are in the 90th percentile for financial strength.

Bauer Financial is the leading independent bank and credit union rating firm. According to Jumbo Rate News, “Best of Bauer credit unions and banks have earned and maintained a 5-star rating for 25 straight years. That’s 100 consecutive quarters, a quarter of a century or more! There are currently only 387 credit unions and 384 banks that have earned this distinction, or a little over 6 percent of the industry.”

Bauer Financial, Inc. has been analyzing and reporting on the financial condition of the nation’s banking industry since 1983. The company conducts an analysis every quarter for all of the nation’s financial institutions.

For more information on ECU, please visit educationcu.com.