"New York City, USA - September 1, 2012: The office building of the well known Forbes Magazine located in Greenwich Village in Manhattan on a bright sunny Saturday afternoon."

Credit Unions in tri-state area make Forbes ‘Best Credit Unions’ list

Recently, Forbes published “The Best Banks And Credit Unions In Every State 2020,” which shines the spotlight on the difference between credit unions and other financial institutions.

As part of Forbes’ third annual research effort, the publication partnered with market research firm Statista to survey approximately 25,000 people, asking questions related to their financial institutions.

From the article: “Consumers were asked 20 questions about their financial dealings. The banks and credit unions were rated on overall recommendations and satisfaction, as well as five subdimensions (trust, terms and conditions, branch services, digital services and financial advice). Overall scores ranged from 74.8 to 95.6. Only 2.6% of all banks and 3.5% of all credit unions made our list.”

The article, written by Antoine Gara, proves what those of us in the credit union industry already know: “Americans generally gave their banking institutions good reviews on satisfaction with scores of 4.2 on average on a scale of one to five. But banks can’t touch credit unions; they averaged 4.5.”

Congratulations to the LSCU affiliated credit unions that made the list:

Alabama                                                                              
Listerhill Credit Union


America’s First Federal Credit Union

Avadian Credit Union

Alabama One Credit Union

 

Florida
Pen Air Federal Credit Union

VyStar Credit Union

Launch Federal Credit Union

Suncoast Credit Union

Grow Financial Federal Credit Union

Envision Credit Union


Space Coast Credit Union

MIDFLORIDA Credit Union

First Florida Credit Union

Georgia
Georgia United Credit Union

Credit Union of Georgia

The full article can be read here. And here is the full list of “America’s Best Credit Unions In Each State.”

Written by
Cara Clark
View all articles

About Us

The League of Southeastern Credit Unions & Affiliates represents 342 credit unions in Alabama, Florida and Georgia, with a combined total of $118.63 billion in assets and more than 10.1 million members. LSCU & Affiliates provides legislative and regulatory advocacy; education and training; cooperative initiatives (including financial education outreach); public messaging; information services; and business solutions.

LSCU Mission Statement

To create an environment that enables credit unions to grow and succeed.

LSCU Vision Statement

To be the trusted advocate and preferred source of information for credit unions.

If you need to reach us, e-mail communications@lscu.coop

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