May 4, 2009
Southbridge Credit Union Maintains High Rating
By Matthew L. Brown
Southbridge Credit Union has earned a five-star rating from Florida-based bank and credit union rating agency Bauer Financial Inc.
The rating is based on the overall financial condition of SCU and it's the 63rd consecutive quarter that the institution has earned the designation.
The number of five star credit unions slipped by 3.5 percent in the first quarter. Bauer praised SCU for its "conservative banking values." The credit union has five offices in Auburn, Fiskdale, Sturbridge and Southbridge.
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