Bauer Financial 5 Star
AGCU Earns Highest 5-Star Rating From Bauer Financial
AGCU is proud to have again earned Bauer Financial, Inc.’s highest rating for strength and stability among all financial institutions.
The 5-star rating denotes the absolute highest level of banking performance from the nation’s leading independent bank rating firm. This 5-star rating puts AGCU in an elite category as one of the strongest financial institutions in the nation.
The award is based on an analysis of current financial data. Bauer Financial recommends all institutions ranked with 4 or 5 stars. What this means to them is that the institution is safe, financially sound, and operating well above its regulatory capital requirements.
What this means for our members is peace of mind. Any member who deposits funds with AGCU can be assured their funds are safe and secure.
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How Bauer Financial Assigns Star Ratings
Financial data is compiled for U.S. banks and thrifts from call report data as reported to federal regulators. Although the financial data obtained from these sources is consistently reliable, the accuracy and completeness of the data cannot be guaranteed by BauerFinancial, Inc. CEO names and addresses are subject to change. While our staff makes every effort to ensure that these are current, the accuracy and completeness cannot be guaranteed by BauerFinancial.
All institutions are subject to federal regulatory capital requirements, but those requirements vary among institutions and are dependent on many factors. In general, banks are required to maintain a leverage capital ratio of at least 4%, a tier 1 risk-based capital ratio of at least 6% and a total risk-based capital ratio of at least 8%.
In addition to the capital ratio, other criteria are used to determine the BauerFinancial™ Star-Rating. Some of these include but are not limited to: profitability/loss trend, evaluating the level of delinquent loans, chargeoffs and repossessed assets, the market versus book value of the investment portfolio, regulatory supervisory agreements, the community reinvestment rating (CRA), historical data and liquidity.
For more information on Bauer Financial, visit www.bauerfinancial.com.
Banking With A Purpose
Much more than a catchphrase, our tagline is our passion, our reason why we do what we do. This is the impact of your membership with AGCU. Learn More About Banking with a Purpose
