Washington Banks, Credit Unions Improving

TACOMA, Wash. (AP) — A national rating service says banks and credit unions in Washington state continue to improve. At the end of the latest quarter, 86.5 percent of Washington banks were recommended by Bauer Financial and none were listed as troubled or problematic.

The News Tribune reports credit unions are doing well too, with nearly 93 percent recommended and just about 1 percent labeled as troubled.

The overall conditions for both Washington banks and credit unions have improved since ratings were published in March.

A number of banks and credit unions received five-star ratings from Bauer Financial this past quarter.