2018 was a prosperous year for credit unions across the United States, and FLEX credit unions were no exception. Over the course over the year, our clients have made tremendous efforts to implement resources and services that provide more value and improve member experience. Three credit unions really stood out, and we are excited to share their achievements and successes from the past year. Here are our “Credit Union All-Stars” from 2018.
MembersFirst Credit Union – Decatur, Georgia
Since 1953, MembersFirst has partnered with healthcare systems and school districts to further their commitment to helping those in their community. This credit union has 14 locations and over 35,000 members. However, President & CEO, Terry Hardy, notes that their size doesn’t prevent them from building relationships with their members nor does it impact their efficiency. Case in point, with only full-time 84 employees MembersFirst averages 417 members per full-time employee, well above the national average. MembersFirst was able to originate $45 million in loans year-to-date and came in with more than $237 million in assets for 2018. With a net worth ratio of 11.57% we can only expect strong and sustainable continued growth for this credit union in the year to come.
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