(Auburn Hills), MI - May 14, 2019 - Genisys Credit Union was named one of the Top 200 Healthiest Credit Unions in the United States by the 2019 DepositAccounts.com study. Out of 5,460 credit unions evaluated, Genisys Credit Union was one of 11 percent to receive an A+ health rating, making Genisys one of the healthiest credit unions in the United States.
“We are proud to receive this recognition from DepositAccounts.com once again,” said Jackie Buchanan, Genisys Credit Union President, and CEO. “Genisys is committed to maintaining a sound financial foundation for our members.”
Each quarter DepositAccounts.com assesses over 10,000 federally insured banks and credit unions in the United States. A comprehensive health score is calculated, as each institution is graded on several factors including deposit growth, capitalization, 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.”
Genisys is honored to receive this recognition and will continue to serve their members and communities.