Dort Financial ranked a “Top Performing” credit union
GRAND BLANC, MI (May 13, 2022) — Dort Financial Credit Union has been named as one of the top 100 “Top Performing” U. S. Credit Unions by S&P Global Market Intelligence. This award can be attributed to the credit union’s commitment to providing excellent service, our hardworking dedicated team, and guidance from the Board of Directors.
S&P Global Market Intelligence included credit unions with more than $100 million in assets and a net worth ratio of at least 7%. The financial performance rating factors included profitability, asset quality, risk position, liquidity, and growth. Based on these criteria, 1,765 credit unions qualified for the ranking.
“As Dort Financial surpasses 70 years of service, we are proud to be recognized as one of the top 100 credit unions, out of 1,765 credit unions, that qualified for this ranking,” said Brian Waldron, President and CEO of Dort Financial Credit Union. “It is an honor to achieve this recognition for
Dort Financial Ranked a “Top Performing” Credit Union our performance throughout 2021.”
For the last two years, Dort Financial has also been ranked by Forbes, a global media company, in their top ten list of “Best In-State Credit Unions” for Michigan. Forbes partnered with market research firm Statista to survey consumers about their banking relationships. Credit unions were rated on overall recommendations and satisfaction, as well as five other categories: trust, terms and conditions, branch services, digital services, and financial advice.
“With under 4% of the nation’s credit unions making the Forbes list, it is a distinctive accomplishment for our credit union,” added Waldron.
Similarly, BauerFinancial has been analyzing and rating banks and credit unions since 1983. Their 5-star rating system has been recognized by regulators, auditing firms and consumers alike. Dort Financial has received a 5-star rating for more than 30 years, which is the highest rating level of banking performance. BauerFinancial awards 5-star ratings to credit unions and banks that are safe, financially sound, and operating well above their regulatory capital requirements. Earning the BauerFinancial 5-star superior rating puts Dort Financial Credit Union in an elite category of credit unions across the nation.
In response to the designations, Waldron stated, “We are truly humbled by our members recognition of the value we provide in helping them reach their financial goals, and that they are willing to recommend us to their family and friends. The unwavering support from Dort Financial’s members has undoubtedly made these awards possible, and we are thankful for their trust and loyalty.”
About Dort Financial Credit Union
Founded in 1951, Dort Financial Credit Union serves more than 103,000 members, with assets over $2 billion and 11 locations. Membership is open to anyone who lives, works, attends school or worships in the state of Michigan or in Palm Beach, Martin, Hendry, and Broward counties in Florida. The credit union offers comprehensive financial services, including auto loans, mortgages, high interest checking accounts and much more. Learn more at dortonline.org or by calling 800-521-3796.
