ABECU and divisions named Best Credit Union in Missouri by Forbes Magazine
2nd Annual America's Best Credit Unions in each state 2019 list honors top credit unions nationwide
ST. LOUIS, MO (July 24, 2019) — Anheuser-Busch Employees’ Credit Union, and divisions, American Eagle Credit Union and Purina Credit Union, has been named Best Credit Union in Missouri in Forbes Magazine’s second annual America’s Best Credit Unions In Each State 2019 List. Of the more than 5,000 credit unions nationwide, 182 were awarded best-in-state designation.
“This is exciting news! On behalf of our employees and our leadership, I thank our Members for their extraordinary feedback, and for placing their trust in us,” said Bob McKay, Chief Executive Officer. “We take great pride in serving our Members with integrity and excellence, and giving back to our communities through philanthropy and volunteerism.”
To generate the 2019 list, Forbes hired Statista, a leading market research firm, to survey more than 25,500 people in the U.S. about their current and former banking relationships. Banks and credit unions were rated on overall recommendations and satisfaction, as well as five sub-dimensions (trust, terms and conditions, branch services, digital services and financial advice). Overall scores for banks and credit unions ranged from 57.2 to 96.2. Anheuser-Busch Employees’ Credit Union and divisions scored 90.6 overall, ranking the Credit Union first in Missouri.
“Members-only credit unions typically have lower fees and offer better interest rates than traditional banks, and the nonprofit model where the members are the owners puts the customer first, resulting in higher levels of satisfaction,” wrote Kurt Badenhausen, Forbes staff, in the Best Banks And Credit Unions In Every State 2019 announcement.
Anheuser-Busch Employees’ Credit Union and divisions scored highest in overall satisfaction at 95.6%, compared to the national average for credit unions at 90% and banks at 84%.
About Anheuser-Busch Employees’ Credit Union
Since 1939, Anheuser-Busch Employees’ Credit Union, and divisions, has served as a trusted financial partner, empowering more than 132,000 Members nationwide to achieve their goals. As a member-owned, community-focused, not-for-profit financial institution, the Credit Union offers comprehensive banking products and financial services at 30 branches nationwide and through 24/7 Member resources and amenities. In addition, Members can access their accounts and perform transactions
at more than 5,600 shared branch locations and self-service shared branch express terminals, as well as more than 25,000 surcharge-free ATMs, through the CO-OP Shared Branch Network in all 50 states.
With more than $1.77 billion in total assets, the Credit Union is ranked a “Top 150” credit union in the U.S. and federally- insured by the National Credit Union Association (NCUA). For additional information, visit www.abecu.org. For more information regarding this announcement, please contact Julie Linder, Public Relations & Events Strategist, by calling (573) 268-0639.