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Genisys Credit Union Ranked as Top 100 in the Nation for Safety and Soundness

Published 2/24/2015

Genisys Credit Union Ranked as Top 100 in the Nation for Safety and Soundness

 Auburn Hills, Mich. – February 24, 2 015 -- Genisys Credit Union, which provides services to anyone who lives or works in the Lower Peninsula of Michigan, has been ranked by financial rate monitoring website, Bankrate.com, as one of the top 100 credit unions in the Nation for Safety and Soundness.

“We are honored to be recognized as top in the nation for our Safety and Soundness,” said Jackie Buchanan, Genisys Credit Union President and CEO.

Bankrate.com, which has been operating for over thirty years, created the Safe & Sound® ranking system to provide consumers rating information on the relative financial strength and stability of U.S. commercial banks, savings institutions and credit unions. The system applies more than twenty different tests to measure each institution: asset quality, asset sufficiency, profitability, and the institution’s ability to pay off debts and then compares the information with industry peer norms and standards. Through this system, Bankrate.com awarded Genisys with a composite five star rating which is indicative of a superior financial condition.

About Genisys Credit Union:

Genisys Credit Union is a not-for-profit, member-owned financial institution that has been committed to helping its members financially since 1936. Based out of Auburn Hills, MI, Genisys is one of the largest credit unions in Michigan, with over 149,000 members and 24 branch locations. They also provide business loans and a range of services for small to mid-sized businesses.  Genisys Credit Union is proud to be making a difference in their communities, and truly believes that Genisys is “where you come first”. Connect with Genisys on Facebook and Twitter by following “GenisysCU”. For convenient access to your account, download the Genisys iPhone App in the iTunes Store and Android App in the Google Play Store. For more information or a calendar of events, visit Genisys online at www.genisyscu.org.

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