Members 1st Federal Credit Union recently received news that it was named as one of America’s Best-In-State Credit Unions of 2021. This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on June 24 and can currently be viewed on the Forbes website.
“Our mission is to serve our members, associates and communities through support, empowerment and meaningful relationships,” says President & CEO George Nahodil. “We are here to help members thrive and better the communities we serve. We offer a full suite of financial tools and services that help our members do more with their money. From our growing network of branch locations to our concierge service, we are committed to helping our members achieve their financial goals.”
The winners are chosen and identified after independent survey results were calculated. The survey was sent to approximately 25,000 US consumers who were asked to rate credit unions they have or previously have had checking accounts with. A full assessment was done on the credit unions being evaluated in the areas of trust, terms & conditions, branch services, digital services, customer service and financial advice.
“We are humbled and honored to be included on this most prestigious list,” says President & CEO George Nahodil. “This recognition is a huge milestone for us and further reinforces our mission. We are so grateful to our members for their trust in us and to our associates for their commitment to delivering unparalleled experiences.”
Out of more than 4,900 banks and over 5,200 credit unions in the nation, only 2.7% of all banks and 3.6% of all credit unions made the list. Survey scores received by financial institutions around the U.S. came in at an average 80.87. Members 1st is thrilled to have received a strong survey result of 87.17, making it the #2 credit union in Pennsylvania.
“Congratulations to all of the credit unions from across the country who were recognized on the Best-In-State list, especially those in Pennsylvania. We appreciate all that you do to live out our joint mission of people helping people,” added Nahodil.
The credit union was also recently recognized for its performance in funding Paycheck Protection Program (PPP) loans. According to the Credit Union Times, credit unions accounted for 2% of PPP loans funded. Members 1st ranked #11, making it the only credit union in Pennsylvania within the top 15 on the list.
The full Forbes article detailing the annual Best-In-State rankings is available here.
Members 1st FCU serves nearly half a million members through its network of almost 60 branch locations throughout Central Pennsylvania, as well as its robust digital banking and call center channels. To learn more about Members 1st, visit www.members1st.org or call (800) 283-2328.