BTCU Ranked 10th Safest Credit Union in America
MAPLE GROVE, Minn., June 10, 2019 - Each year, DepositAccounts.com evaluates the financial health of every NCUA insured credit union in the United States to assist consumers in making the right choice for their money. Each institution is graded on a number of factors including capitalization, deposit growth, and loan-to-reserve ratios, in order to determine a comprehensive health score. The top 200 safest credit unions are recognized on their Top 200 Healthiest Credit Unions in America list.
Of the 5460 NCUA-insured credit unions in the United States, Building Trades Credit Union (BTCU) was recognized as the 10th safest. BTCU’s employees and management are proud to have once again ranked high on this prestigious list (BTCU was ranking 23rd safest in 2018), the only Minnesota-based credit union to rank among the top 20 in 2019.
“Serving our members in the union building and construction trades with comprehensive product and service offerings has always been our mission,” according to BTCU’s president and CEO, Bill Daehn. “And we recognize that, more than ever, consumers are focused on the safety and soundness of the financial institutions they choose. We’re proud that our members can continue to trust BTCU as their primary financial partner.”
DepositAccounts.com is the largest and most comprehensive online publication in the U.S. dedicated to banking and deposit product information for consumers.