Hughes Receives Another Five-Star Rating!
Hughes received another BauerFinancial rating of 5-Star "Superior" rating. BauerFinancial, Inc. has been analyzing and reporting on the financial condition of the nation's banking industry since 1983. Through the years BauerFinancial has earned the reputation of "the nation's bank rating service."
Federally-insured credit unions are required to file detailed financial reports with the National Credit Union Administration (NCUA) four times each year. BauerFinancial subjects this quarterly data to an unbiased and independent analysis. Based on the results of this analysis, a star-rating is assigned on a scale of zero to five stars, with four stars indicating an "excellent and recommended" rating and five stars indicating a “superior and recommended” rating. BauerFinancial states that "no institution pays for its rating, nor can they elude it."
Hughes has 105 consecutive quarters (over 26 years) as an "excellent" or “superior" financial institution.
To learn more about Hughes' five-star rating, visit BauerFinancial.com.