Discovery Federal Credit Union named one of the Top 200 Healthiest Credit Unions in America
Discovery FCU recently received an A+ financial health grade and was named one of the Top Healthiest Credit Unions in America for 2021 by DepositAccounts.com, a subsidiary of LendingTree.com.
“It is such an honor to have Discovery FCU recognized among the top 200 healthiest credit unions in America,” said Ed Williams, CEO/President – Discovery FCU. “Our member-owners trust us with their money and we don’t take that responsibility lightly. Being named to this list and receiving an A+ financial health grade recognizes our efforts to maintain a strong credit union and keep our members’ funds safe and sound.”
DepositAccounts.com evaluates the financial health of every federally insured bank and credit union in the United States once per quarter. To determine bank ranking and recognition, DepositAccounts.com grades each institution on a number of factors, including capitalization, deposit growth, and loan-to-reserve ratios.
“We believe it is important to give consumers a way to evaluate the financial health of their institutions,” said Ken Tumin, founder of DepositAccounts.com “Our list empowers consumers to make informed decisions when selecting a financial institution.”
For a complete listing of the 2021 Top 200 Healthiest Credit Unions in America, visit https://www.depositaccounts.com/banks/health.aspx.
DepositAccounts.com is the largest and most comprehensive online publication in the U.S. dedicated to banking and deposit product information for consumers. It covers every federally insured bank and credit union and utilizes its patented technology to track approximately 275,000 consumer deposit rates, each updated nightly. The site features more than 11,000 editorial articles detailing depository strategies and highlighting current bank rates and offers. It is also home to one of the largest communities of depositors on the Web, hosting more than 100,000 comments, customer reviews, and forum threads.