Update - Ratings
I have just checked Ken’s page, Weiss Ratings, and Bauer. In each instance, for credit unions, the ratings shown are based on end of 2019 data. However, I found the following helpful explanatory statement on the Bauer page:
Star ratings are current as of 06/27/2020 . Bank star ratings are based on 03/31/2020 financial data; credit union star ratings are based on 12/31/2019 financial data.
Due to the disruption that COVID-19 has caused, regulators allowed an extra month for banks to file their Call Reports this quarter; approximately 500 banks have taken advantage of the extension. As a result, you may not be able to find an existing bank on our website. This is temporary. We will get the late-filers evaluated and on our website as quickly as possible – we anticipate before the end of June.
My best knowledge is that credit unions were also granted an extra month, because of the pandemic.
Of course two business days remain in the month of June; I acknowledge that. Was hoping for something on credit unions by now . . . but no. We shall see what emerges this coming week.
The Bauer announcement does appear to address a question I raised up thread. The data we are about to receive, it would appear, will reflect. only (roughly) two weeks of pandemic impact. That is not especially helpful, but is better I suppose than the six month old, pre-pandemic, data we have now.