Founded in 1936, Compass Financial Federal Credit Union is the oldest credit union in South Florida
"Our members will find it comforting to know their money is safe in one of the highest rated financial institutions in the nation."
Miami, FL (1888PressRelease) December 13, 2011 - As banks come and go and familiar names are replaced with new ones, 75 year old Compass Financial Federal Credit Union is stronger than ever. According to BauerFinancial, the nation's leading bank and credit union rating and research firm, Compass Financial Federal Credit Union is rated a Superior 5-Star credit union. The 5-Star rating denotes that Compass Financial Federal Credit Union is one of the best in the nation in terms of its overall financial performance.
"The recent uproar against Big Banks has shed a whole new light on the credit union model," observes Karen L. Dorway, president of BauerFinancial. "While the primary focus of the big banks is dividend payments, smaller banks and credit unions tend to be locals and therefore more in tune with the communities they serve. This focus on its membership has paid off as Compass Financial Federal Credit Union has earned Bauer's highest 5-Star rating for strength and stability.
"This stellar rating reflects our core values of providing our members with solid financial products coupled with sound management practices and personal service," said Leo Acosta, President/CEO of Compass Financial Federal Credit Union. "During these difficult economic times, our members will find it comforting to know their money is safe in one of the highest rated financial institutions in the nation."
Established in 1936, Compass Financial Federal Credit Union is the oldest credit union in South Florida and is celebrating 75 years of providing its members with sound financial products together with extraordinary personal service and accessibility. For complete information on Compass Financial and to become a member, please visit their website at www.compassffcu.org or call 305-887-9781.
BauerFinancial is the nation's leading independent bank and credit union rating and research firm. It has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution pays BauerFinancial to rate it, nor can any choose to be excluded. Consumers may obtain star-ratings by visiting www.bauerfinancial.com.