No area credit unions were downgraded — or upgraded — in the latest ratings from the BauerFinancial rating service.

Of 29 area credit unions, 12 received superior ratings, six got excellent ratings and four got adequate ratings.

The other seven were not rated, six because they are too small and the seventh — Credit Union 1 in Rantoul — because it is insured privately, rather than by the National Credit Union Administration.

Of the 29 credit unions, 21 were either profitable or broke even during the first six months of 2011. The other six showed losses for the six-month period, but only four of those had losses for the quarter that ended June 30.

Three credit unions in the area had nonperforming assets that exceeded 3 percent of total assets, as of June 30.

Those included Credit Union 1, at 4.39 percent; the Urbana Postal Credit Union at 3.83 percent; and Danville Consolidated Credit Union at 3.14 percent.

All three were profitable for the most recent quarter and for the first half of the year.

No area credit unions received BauerFinancial's three lowest ratings of zero stars ("lowest"), 1-star ("troubled") or 2-star ("problematic").

Credit Union 1, a privately insured institution, was the largest of the area credit unions, with assets of $649 million as of June 30.

BauerFinancial bases its ratings on capital ratios, profitability trends, levels of delinquent loans, charge-offs and repossessed assets, liquidity, historical data and supervisory actions by regulatory agencies.

Here are BauerFinancial's ratings for area credit unions based on June 30, 2011, data:

5-star ("superior")

12 credit unions

Area Educational CU, Mattoon; Blaw-Knox CU, Mattoon; Carle Employees Federal CU, Urbana; Central Illinois CU, Champaign; Champaign County School Employees CU, Champaign; Education Personnel Federal CU, Danville; Landmark CU, Danville; Lauhoff Employees CU, Danville; MidWest America FCU, Fort Wayne, Ind.; New Horizon CU, Danville; Tee-Pak CU, Danville; Urbana Municipal Employees CU, Urbana.

4-star ("excellent")

Six credit unions

Champaign Municipal Employees CU, Champaign; Clifford-Jacobs Employees CU, Champaign; First Illinois CU, Danville; Paris Hi-Way CU, Paris; Quorum Federal CU, New York; University of Illinois Employees CU, Champaign.

3-star ("adequate")

Four credit unions

Community Healthcare CU, Urbana; Community Plus Federal CU, Rantoul; Danville Consolidated CU, Danville; Route 1 CU, Paris.

Not rated*

Seven credit unions

Canaan CU, Urbana; Champaign Postal CU, Champaign; Credit Union 1, Rantoul; Danville Bell CU, Danville; McMillen Master CU, Gibson City; MEA CU, Monticello; Urbana Postal CU, Urbana.

* Either because the credit union is insured privately, rather than by the National Credit Union Administration, or because it is too small to be rated, having less than $1.5 million in assets.