TruStar again named among top 200 credit unions

INTERNATIONAL FALLS, MN (July 20, 2015) — For the second consecutive year, TruStar Federal Credit Union was named one of the top 200 credit unions for superb financial health by is a company that monitors and informs consumers about how well financial institutions perform. Each institution is graded on a number of factors – including capitalization, deposit growth, and loan to reserve ratios, to get a comprehensive health score.

TruStar placed 193 out of 6,655 credit unions.

“This is an indicator of TruStar’s hard work and commitment on being financially responsible,” stated CEO and President Dale L. Johnson. “We want our members to feel a sense of security when banking with our financial institution. Having growth and expanding our organization is wonderful, but we also need to make sure that our growth is stable and our performance is strong,” continued Johnson.

One factor that was used to measure TruStar’s health is the Texas Ratio. The Texas Ratio is an indicator of how much capital a financial institution has available compared to the total value of loans considered at risk. Due to TruStar’s low delinquency and high equity, they scored a Texas Ratio of 2.95 percent which is considered excellent. Any financial institution with a Texas Ratio that low is considered a high performer.

TruStar Federal Credit Union is headquartered in International Falls and is the 19th largest credit union in the state of Minnesota. It is also the 1,000th largest credit union in the nation. It was established in 1960 and as of March of 2015, it had grown to 85 employees and 14,233 members. TruStar Federal Credit Union’s savings rates are 15 percent higher than the national average, which gives it an A+ health rating. For more information about TruStar’s health rating, visit or

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