Scranton, PA September 9, 2021- DepositAccounts.com, a subsidiary of LendingTree, has released its list of the 2021 Top 200 Healthiest Credit Unions in America.
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.”
DepositAccounts.com is the largest and most comprehensive online publication in the U.S. dedicated to banking and deposits 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.
A Credit Union is a place to do your banking. NET is a not-for-profit financial institution, and we operate like a bank except we don’t issue stock on Wall St. Since we don’t have to pay stockholders, we use our income to provide lower loan rates, higher deposit rates, reinvest in our community, give to charities (#netcares), and keep our fees low. Members can See Banking Clearly at NET Credit Union. There’s so much more you get when you bank on NET.