SAN DIEGO – Mission Fed Credit Union has been recognized by DepositAccounts.com, a unit of by Lending Tree, in the 2021 Top 200 Healthiest Credit Unions in America for the second year in a row.
DepositAccounts.com the financial health of over 10,000 federally-insured banks and credit unions in the United States once per quarter. To determine bank ranking and recognition, DepositAccounts.comgrades each institution on numerous factors, including capitalization, deposit growth, and loan-to-reserve ratios.
Mission Fed received an A+ rating – the highest health grade given out – and ranked #74 overall out of 2,943 NCUSIF-insured credit unions, Mission Federal said.
“It is such an honor to be recognized among the top healthiest credit unions in America – and in the top 100, nonetheless. Being part of this list continues to underscore our commitment to excellence,” said Debra Schwartz, president and CEO of Mission Fed.