Press

Genisys Credit Union named one of the 200 Healthiest Credit Unions in the nation

AUBURN HILLS, MI (April 10, 2018) — Genisys Credit Union has once again been named one of the 200 Healthiest Credit Unions in a financial health study conducted by DepositAccounts.com, the largest and most comprehensive online publication in the U.S. dedicated to banking/savings information for consumers.

Genisys has been recognized among the nation’s 5,743 federally insured credit unions for its financial stability. Each institution is graded on a number of factors – including capitalization, deposit growth, and loan to reserve ratios, in order to determine a comprehensive health score. Genisys received an A+ health rating, a score only 11% of banks in the nation receive, and was ranked #65 out of the 200 healthiest.

“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 in Michigan, Minnesota and Pennsylvania.”


About Genisys Credit Union

Genisys Credit Union is a not-for-profit, member-owned financial institution that has been committed to helping its members financially since 1936. Based out of Auburn Hills, MI, the credit union is the fourth largest in Michigan with over 271,000 members and 32 branch locations. With a highly competitive suite of products such as High Yield Genius Checking and Youth Savings Account as well as loans for small to mid-sized businesses, Genisys specializes in providing consumer and business financial solutions through its branches, a multi-channel contact center, and a variety of mobile and online banking services. Genisys has consistently received the highest 5-star Bauer Financial Rating for safety and soundness along with receiving recognition from S&P Global Market Intelligence as a nationwide Top 10 Performing Credit Union. They are also proud to be committed to their communities by annually volunteering over 5,000 hours and partnering on over 1,000 community events. Connect with Genisys on Facebook, Twitter, Instagram, and TikTok by following @genisyscu. For more information visit www.genisyscu.org

Contacts

Theresa Doan
Director, Social Responsibility
Phone: 248.835.8674
E-mail: tdoan@genisyscu.org

More News