Skip to main content

The place for all things credit union™
Log in

Premier Members Credit Union named as top 50 national best-performing credit unions of 2018

Premier Members one of two Colorado-based credit unions named by S&P Global

Premier Members Credit Union has been named one of the national best-performing credit unions of 2018 according to a March report from S&P Global Market Intelligence.

S&P ranked the nation’s credit unions using five core financial performance metrics: member growth, market growth, operating expense as a percentage of operating revenue, net charge-offs as a percentage of average loans and delinquent loans as a percentage of total loans. Each company’s standard deviation from the industry mean was calculated for every ranking metric, equally weighted, then added together to calculate a performance score.

To be eligible for the ranking, a credit union had to report more than $500 million in total assets and a net worth ratio of at least 7.0% as of December 31, 2018. Based on these criteria, 552 credit unions qualified for the ranking.

Premier Members Credit Union

Premier Members Credit Union is a not-for-profit financial institution dedicated to providing financial solutions to individuals and businesses in Colorado’s Front Range. With more than 77,000 members, $1.7 billion in assets, and 19 retail branches, Premier Members is a leader in the credit union industry. In addition to being at the forefront of the industry in sustainable business practices, Premier Members takes pride in giving back to the communities it serves, supporting a wide variety of partnerships with charitable and sustainable organizations like Community Foundation Boulder County, Eco Cycle, Impact on Education, Jack’s Solar Garden, United Way, Westminster Public Schools Foundation, and others. In 2021, Premier Members Credit Union was awarded first place in the Dora Maxwell Social Responsibility Community Service Award. It and has also been recognized as a Civic 50 Honoree each year since 2020, where the credit union was recognized as one of the 50 most community-minded companies in Colorado. To learn more, visit pmcu.org

Contact

Karen Bigelow
Corporate Social Responsibility & Public Relations
Premier Members Credit Union
303.657.7000 x7304
720.237.7358
kbigelow@pmcu.org
www.pmcu.org

Recommended for you