Joliet, IL – January 2023: BauerFinancial, Inc., the Nation’s Premier Credit Union and Bank Rating Firm, has once again awarded NuMark Credit Union its top (5-Star) rating. “It’s important to impress, this award is not granted; it is earned”, emphasizes Karen Dorway, president of BauerFinancial. “And, having earned 5-Stars for 40 (or more) consecutive quarters, NuMark Credit Union has earned an even higher designation as an ‘Exceptional Performance Credit Union’”.
Bauer rates every federally-insured credit union with the same strict standards, and is pleased to report that NuMark Credit Union continues to excel among its peers in areas of capital adequacy, loan quality and more. This marks the 47th consecutive quarter it has done so – since June 2011! Now that’s worth celebrating. NuMark Credit Union has certainly proven it has what it takes to carry it through 2023, whatever it may bring.
“With the Federal Reserve raising interest rates at breakneck speed, it may be tough for some institutions to keep pace”, cautions Dorway. “But, with high capital cushions and an established track record, NuMark Credit Union is well-positioned to continue to thrive and be a source of strength for its membership.” NuMark Credit Union was established in 1954 and has been a rock-solid partner for its members ever since. That’s 69 years of relationship-building and bond-strengthening. Everyone within its Field of Membership (FOM) should be proud to call NuMark Credit Union their credit union.
Bank and Credit Union data compiled from financial data for the period noted, as reported to federal regulators. The financial data obtained from these sources is consistently reliable, although; the accuracy and completeness of the data cannot be guaranteed by BauerFinancial, Inc. Since 1983, BauerFinancial has relied upon this data in its judgment and in rendering its opinion (e.g. determination of star ratings). BauerFinancial, Inc. is not a financial advisor; it is an independent bank research firm. No institution can pay for or opt out of a BauerFinancial rating. Star-ratings are all available for free at bauerfinancial.com.
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