allU.S. Credit Union Positively Different Again Received a Financial Strength "A" or "Excellent" Rating

Top Quote Just Announced! allU.S. Credit Union in Salinas has received a great award. End Quote
  • Salinas, CA (1888PressRelease) December 17, 2013 - allU.S. Credit Union, formerly Monterey County Employee Credit Union) announced today that it has once again received a financial strength rating of "A" or "Excellent" from Weiss Ratings, the nation's leading independent provider of ratings and analyses of financial service companies, mutual funds and stocks.

    "We are honored that Weiss Ratings consistently acknowledges allU.S. Credit Union's exceptional financial strength and stability," says Patrick Redo, CEO of allU.S. Credit union. "Our members' money and financial future is of utmost importance to us and we value their trust in allU.S."

    The rating recognizes allU.S. Credit Union as a "Weiss Recommended" credit union offering outstanding financial strength of more than 19,000 institutions including life, annuity insurers, health insurers, property and casualty insurers, banks and credit unions. According to Weiss Ratings, "a company receiving our highest financial strength rating truly demonstrates itself to be among the industry's elite." It also states that the Excellent rating "is a true distinction."

    For more information about allU.S. Credit Union go to www.alluscu.com.

    Background on allU.S. Credit Union:
    Americans have grown increasingly tired of feeling small inside big banks. They appreciate the security and convenience of a large financial institution, but crave the personalized customer service of a community-oriented credit union.

    Now they can experience both. allU.S. Credit Union offers the personalized service seen at traditional, not-for-profit credit unions while providing access to important financial products, technology innovations and more than 30,000 surcharge free ATMs nationwide.

    For more than 63 years, allU.S. Credit Union has been investing in the future of Monterey County. They are a credit union that is all about personal service, helping families navigate their financial needs. According to Patrick Redo, CEO of allU.S. Credit Union, "At allU.S. Credit Union you are a member not a customer. We believe that when it comes to the way we serve and interact with our members, everything matters."

    The differences between allU.S. and large banks are clear. AllU.S. attracts members, or stakeholders, while banks recruit customers. AllU.S. is a not-for-profit, cooperative financial institution with benefits passed down to its members, while banks are corporatized, profit-first institutions with a declared goal of making money for company stockholders.

    In short, allU.S. Credit Union is positively different.
    · AllU.S. provides its members with a safe place to save and borrow at reasonable rates. Members enjoy lower rates on credit cards, home equity loans, mortgages, auto loans, and personal loans. At the same time they experience higher rates for savings, checking, money market accounts and CDs.
    · When you do business with allU.S., you're an owner. When allU.S. makes a profit, it directly benefits the membership. Its goal is to create wealth for its members and the community in which they live - right here in Monterey County.
    · Like banks, allU.S. Credit Union insures its holdings, offering the peace of mind that its members deserve. At the same time, all loan decisions are made in the local branch, and the small staff knows its members and addresses their individual needs and concerns.
    · This growing membership enjoys perks such as personalized service and free checking, while feeling secure that their money is safe and working for their future. Once they join it becomes obvious: allU.S. is indeed positively different.
    · It's allU.S. in action … positively unique, positively caring, positively essential for the financial well being of its members.

    AllU.S., formerly Monterey County Employees Credit Union, was formed in 1950 to provide services to the employees of Monterey County and their families. Since then it has expanded its field of membership to include a select number of employer groups. It has now changed its name and currently serves thousands of members from the Salinas Valley to the Monterey Peninsula.

    Press Contact: Marci Bracco 831-747-7455.

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