SANTA FE — DepositAccounts.com, a subsidiary of LendingTree, has released its list of the 2019 Top 200 Healthiest Credit Unions in America.
Del Norte Credit Union (DNCU), New Mexico’s hometown financial cooperative, made the cut out of more than 5,000 credit unions nationwide.
“It is such an honor to have our credit union recognized among the top 200 healthiest in America.” DNCU CEO/President Chuck Valenti said. “Being part of this list shows our commitment to excellence and financial stability.”
DepositAccounts.com evaluates the financial health of over 10,000 banks and credit unions in the United States once per quarter. To determine bank ranking and recognition, DepositAccounts.com grades each institution on a number of factors, including capitalization, deposit growth, and loan-to-reserve ratios.
“We believe it is important to give consumers a way to evaluate the financial health of their institutions,” said Ken Tumin, founder of DepositAccounts.com. “Our list empowers consumers to make informed decisions when selecting a financial institution.”
In another mark of DNCU’s sterling financial condition and practices, independent rating firm Bauer Financial Inc. has now graded the credit union 5 stars or Superior for 60 quarters running – 15 years of consistent excellence (as of March 2019). “We believe these rankings show our member-owners and potential new members that we are a credit union to be trusted,” Valenti said.