New Horizons Credit Union Earns BauerFinancial, Inc.’s 5-Star rating
MOBILE, AL (October 9, 2024) — BauerFinancial, Inc., the Nation’s Premier Credit Union Rating Firm, is pleased to acknowledge New Horizons Credit Union, Mobile, AL, for its 5-Star status. This rating is based on financial data and signifies that New Horizons Credit Union continues to be one of the strongest credit unions in the nation.
“Bauer rates credit unions based on their overall financial condition,” reports Karen Dorway, President of the rating firm, “and has been doing so for four decades. Bauer’s approach of taking current financial data along with historical trends has enabled Bauer to anticipate certain events before they unfold. From the 1980s to today, Bauer has been through it all, and its reputation is second to none. So, when Bauer says New Horizons Credit Union has earned its 5-Star rating, you can have confidence that it is one of the strongest credit unions in the nation. In addition, as a credit union, New Horizons Credit Union’s top priority is its membership. It is very satisfying,” Dorway continues, “to see financial institutions that work together for a common goal, also being top financial performers.”
Edith Franklin, President/CEO of New Horizons Credit Union, comments “We are thrilled to announce this 5-Star rating. Clearly it reflects the hard work and dedication of our Board of Directors, Supervisory Committee, Management and Team. We especially thank our membership for their continued loyalty to their Credit Union. We know our members can choose any financial institution, but they choose us. For this we are truly grateful.”
Since its inception in 1950, New Horizons Credit Union has been an ardent supporter of the community and people within its field of membership. It looks forward to providing the same dedicated service for many years to come.
About New Horizons Credit Union
Established in 1950, New Horizons Credit Union is a not-for-profit financial cooperative governed by a member-elect, volunteer Board of Directors and is the largest locally based Credit Union in Mobile, AL serving members worldwide through a variety of electronic services. New Horizons Credit Union is federally insured by the NCUA and is an Equal Housing Lender offering solutions for the real world. For details on services and membership, call (251) 316-3240 or at NewHCU.org.
