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Sterling Federal Credit Union named the healthiest credit union in the U.S. by depositaccounts.com
STERLING, CO (June 10, 2015) – Sterling Federal Credit Union has been ranked as the healthiest credit union in America by DepositAccounts.com.
The Birmingham, Ala.-based site, which tracks bank and credit union account interest rates nationwide, ranked Sterling Federal Credit Union first in its second annual listing of the top 200 healthiest banks and credit unions. The rankings are based on an institution’s level of problem loans, improvement in those levels, deposit growth and capital reserves.
Sterling Federal Credit Union began in 1938 when ten men gathered in a meeting room at the County Poor Farm in Sterling to form Sterling Cooperative Federal Credit Union. Today, Sterling Federal is a full service credit union with assets exceeding $116 million and a full range of services. DepositAccounts.com gave the credit union A+ rankings for its capital position, deposit growth and an excellent capitalization level.
“We are truly honored to receive this independent, third-party endorsement,” said John Byczkowski, President and CEO of Sterling Federal Credit Union. “From the beginning, our credit union has had the best interests of our members at heart. Founded on the principle of ‘people helping people,’ we have built a very solid financial institution that our members can be proud of. We are grateful for the trust that our members place in us to help them navigate their finances.”
To see the entire list, go to www.depositaccounts.com/banks/health.aspx#healthiest.
About Sterling Federal Credit Union
Since 1938, Sterling Federal Credit Union has been committed to the financial well being of its members. All residents of Logan County Colorado and Morgan County Colorado and their families are eligible for membership. Today, members can chose from a complete line of financial products and services which include, but are not limited to; ATMs, Debit and ATM Cards, Electronic statements, E-mail, Telephone Teller and Internet Teller. The above industry capital to asset ratio and reserves of the credit union provide financial stability and security to members. In addition, the credit union is highly rated by its regulator, The National Credit Union Administration, NCUA. For more information, visit https://www.sterlingcreditunion.org
About Deposit Accounts.com
DepositAccounts.com covers all 14,000 federally insured banks and credit unions and utilizes a patented technology to track more than 275,000 consumer deposit rates, each updated nightly. The site also features more than 10,000 editorial articles detailing creative depository strategies and highlighting current bank rates and offers. It is also home to one of the largest communities of depositors on the Web, hosting more than 90,000 comments, customer reviews and forum threads.