Genisys Credit Union ranked as Top 200 Healthiest Credit Unions
AUBURN HILLS, MI (May 14, 2019) — Genisys Credit Union was named one of the Top 200 Healthiest Credit Unions in the United States by the 2019 DepositAccounts.com study. Out of 5,460 credit unions evaluated, Genisys Credit Union was one of 11 percent to receive an A+ health rating, making Genisys one of the healthiest credit unions in the United States.
“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.”
Each quarter DepositAccounts.com assesses over 10,000 federally insured banks and credit unions in the United States. A comprehensive health score is calculated, as each institution is graded on several factors including deposit growth, capitalization, 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.”
Genisys is honored to receive this recognition and will continue to serve their members and communities.
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 33 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 4,400 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
