APPLE VALLEY, Wis.–Fox Communities Credit Union has been ranked as the number-one rated credit union in the nation for 2017, according to S&P Global Market Intelligence’s annual ranking.
S&P Global Market Intelligence ranked 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.
“We need to thank our members and staff for making this happen,” said Greg Hilbert, president/CEO of Fox Communities Credit Union. “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.”
The $1.5-billion Fox Communities CU has more than 100,000 members.