How to assess CU safety [Newbie] - MarketTicker Forums


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User Info	How to assess CU safety in forum [Newbie]
Fnamekeith Posts: 469 Incept: 2008-04-07 Seattle	I know I could Google this, but I trust TF'ers more than the blogosphere at large. I've asked before if anyone had done analysis of Washington state CUs. Apparently not, and I'm going to have to do my own research. So, I have the following questions. 1. What are the key metrics? 2. If published, where? 3. If calculable, how? Thanks in advance to any who are willing to share their knowledge! ---------- Give a man a gun and he can rob a bank, give a man a bank and he can rob the world. Last modified: 2011-11-21 15:48:59 by fnamekeith 2011-11-21 15:43:37 Permalink
Ludwigvonmises Posts: 501 Incept: 2008-10-10 Michigan	Bankrate has a nice rating system for banks and credit unions. Hope this helps! http://www.bankrate.com/rates/safe-sound.... ---------- Quote: "That which MUST end, WILL end somehow". 2011-11-22 10:48:30 Permalink
Fnamekeith Posts: 469 Incept: 2008-04-07 Seattle	Thanks Ludwig! ---------- Give a man a gun and he can rob a bank, give a man a bank and he can rob the world. 2011-11-22 12:27:22 Permalink
Plymster Posts: 912 Incept: 2007-09-19	Here's a link to a recent thread on this topic (last week): http://tickerforum.org/cgi-ticker/akcs-w.... Other CU rating sources mentioned: Weiss Ratings (Requires free registration) http://www.weissratings.com/Login.aspx? Bauer Financial http://www.bauerfinancial.com/btc_rating.... Link for finding Credit Unions: http://www.findacreditunion.com/ If you're looking for a good shorthand method of looking at CUs, I might suggest checking the 3 (or more, if you can find 'em) raters listed here, and then go by the worst rating. 2011-11-22 12:38:58 Permalink