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Home | News | Local News | TFCU recognized for Financial Health with “A” Rating

TFCU recognized for Financial Health with “A” Rating

DepositAccounts.com, a subsidiary of LendingTree, has released its 2019 analysis of the healthiest credit unions in America.

“It’s an honor to have TFCU recognized for a second time, among the healthiest credit unions in America,” said Max Villaronga, TFCU CEO and President. “Being part of this list shows our commitment to excellence.”

DepositAccounts.com evaluates the financial health of more than 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 several 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.”

For an explanation of the DepositAccounts.com financial health analysis and its history, visit their website. To learn more about TFCU, click here to visit their website.

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