DepositAccounts.com is recognizing us as one of the Top Five Healthiest Credit Unions in America.
The ranking evaluates the financial health of more than 10,000 financial institutions, and takes several qualities into consideration, including:
- Deposit growth
- Capitalization
- Loan-to-reserve ratios
DepositAccounts.com is a subsidiary of LendingTree and is the largest online publication dedicated to banking and deposit product information for consumers in the U.S.
“This recognition allows our members to have considerable peace of mind when it comes to the safety of their money with us,” MEFCU CEO Mary Hansen stated. “We can’t thank our members enough for the continued trust they place in us.”
We are just one of five Minnesota Credit Unions to make the 2020 Top 200 Healthiest Credit Unions list.