Fox Communities Credit Union was the number one rated credit union in the nation for 2017, according to S&P Global Market Intelligence’s annual ranking. S&P releases their annual rankings of the top performing financial institutions in both the credit union and bank categories.
S&P Global Market Intelligence ranked the nation’s credit unions using five core financial performance metrics: member growth, market growth, operating expense as a percentage of operating revenue, net charge-offs as a percentage of average loans and delinquent loans as a percentage of total loans.
Greg Hilbert, President/CEO of Fox Communities Credit Union, says, “We need to thank our members and staff for making this happen. It takes a great team to reach this top performing level. We are also grateful to Horizon Community Credit Union and Harbor Credit Union for choosing to partner with Fox in 2017, which helped us achieve S&P’s top ranking, up from #98 in 2016. This recognition is a strong example of our Credit Union’s commitment to protect our members’ financial well-being and to operate in an economically sound manner. Our Board of Directors and staff do not lose sight of this and are grateful for the trust that our members place in us every day.”