PSECU named Forbes Magazine Best-In-State Credit Union for fourth year
HARRISBURG, PA (July 6, 2022) — Forbes Magazine recently released its list of Best-In-State Credit Unions for 2022. PSECU, Pennsylvania’s largest credit union, is proud to announce that it was included as one of just five credit unions on the list for the state.
“At PSECU, we strive to ensure our members achieve more. Everything we do as their trusted financial partner is focused on offering our members the best in banking: low- or no-fee products and services, as well as our competitive loan rates, and our digital-first banking model that gives them anytime, anywhere access. We also support our members and their communities by providing charitable donations and free financial wellness resources,” said PSECU President & CEO George Rudolph.
“It’s an incredible honor to be recognized for the fourth consecutive year on this national list of top credit unions,” Rudolph continued. “That means we consistently meet – and exceed – our members’ expectations of what they’re looking for in a banking relationship.”
According to Forbes, “To shine a light on the best credit unions in each state, Forbes went directly to their customers, partnering with market research firm Statista to conduct in-depth interviews of more than 26,000 U.S. citizens from all 50 states on their banking relationships.”
As part of Forbes’ evaluation process, customers were asked to provide an overall satisfaction score and if they would recommend that financial institution to friends and family. Forbes also states that “respondents [were asked] a battery of questions focused on six separate facets of the relationship: trust, terms & conditions (including reasonable and transparent fees), branch services, digital services, customer service, and financial advice.”
Of the nation’s nearly 5,400 credit unions in the U.S., only 3.4% were included by the publication as Best-In-State Credit Unions for 2022.
The full Forbes article detailing the annual Best-In-State rankings is available here.
About PSECU
Opened in 1934, PSECU was founded by 22 ordinary people who pooled $90 and made an extraordinary commitment to each other: To create a financial institution where collective resources benefit all members. Today, PSECU continues that legacy as Pennsylvania’s digital-first credit union, with $8 billion in assets, an economic impact of over $700 million, more than 590,000 members, and a convenient anytime, anywhere banking model. For more information about PSECU, visit psecu.com. PSECU has been recognized as a Best-In-State Credit Union by Forbes, a Best Credit Union by GOBankingRates, a Best Bank by Money.com, and one of America’s Best Banks by Newsweek. View its Year In Review to learn how PSECU contributes to the greater good.
