Peninsula Credit Union is proud to announce that it has received a 5-star rating from Bauer Financial, a premier independent bank and credit union rating firm. This recognition underscores our commitment to financial strength, member service, and community impact.
The 5-star rating is Bauer Financial’s highest designation, reserved for financial institutions that are considered “Superior” in capital adequacy, asset quality, profitability, and other key performance metrics. This rating reflects Peninsula’s dedication to maintaining sound financial practices while prioritizing the needs of our members.
“As a local credit union, our goal has always been to empower our members and strengthen our community,” said Jim Morrell, President and CEO of Peninsula Credit Union. “This recognition from Bauer Financial affirms the strong financial management which our member-owners expect. Heading into our 90th Anniversary, being recognized for as Superior financial institution and recommended by Bauer for 60 consecutive quarters adds one more candle to our celebration.”
Credit unions like Peninsula play a vital role in the communities we serve, offering personalized financial solutions and reinvesting locally. By banking with a member-owned institution, members benefit from competitive rates, lower fees, and a people-first approach that prioritizes long-term financial wellness over short-term profit.
Morrell added, “We’re proud to support the diverse needs of individuals and families in Mason, Kitsap, Jefferson, Clallam, and Grays Harbor counties. This achievement is as much theirs as it is ours.”
About Peninsula Credit Union:
For 90 years, Peninsula Credit Union has been committed to serving its community through a wide range of products and services designed to promote financial wellness and inclusion. As a Community Development Financial Institution (CDFI), Peninsula continues to focus on initiatives that make financial tools accessible to underserved populations.
Our business philosophy is best described by our mission statement: “We listen, we serve, we educate, we care… Always!” We are conscious of our roots, mindful of our responsibilities and energized by our potential to aid our members in an increasingly complex financial world. We are involved in our communities and, like you, appreciative of the dramatic beauty and riches of the Olympic Peninsula.
Peninsula Credit Union is a $300 million federally chartered credit union with over 20,000 members. Anyone who lives, works, worships, or attends school in Mason, Kitsap Jefferson, Clallam or Grays Harbor Counties and/or the immediate family related to a current member is eligible to join.
Additional information about Bauer Financial may be found at www.bauerfinancial.com