SMITHFIELD, R.I. –Navigant Credit Union has been recognized by Newsweek with a five star rating as one of the nation’s best regional banks and credit unions.
Navigant Credit Union said it the only credit union headquartered in Rhode Island to be included in the recent list of “America’s Best Regional Banks and Credit Unions 2024,” an inaugural report researched and published by Newsweek in partnership with Brooklyn-based data intelligence firm, Plant-A Insights Group.
The publication’s final list included 250 regional banks and 250 regional credit unions.
“At Navigant Credit Union, we are committed to the financial well-being of the families, business, and communities we serve,” said Navigant Credit Union President/CEO Kathleen C. Orovitz. “Receiving this recognition as one of America’s Best Regional Banks and Credit Unions is validation of the work that our dedicated leadership team and staff has done to earn the trust of the more than 145,000 members we serve.”
According to Newsweek, the “America’s Best Regional Banks and Credit Unions 2024” list was compiled based on a variety of factors, including creditworthiness, profitability, lending activity and overall financial health.
The report’s analysis also included two years’ worth of media monitoring to identify potential customer or legal risks; an elaborate, large-scale independent customer survey of roughly 35,000 individuals residing across the country; and a review of more than 150 million user-generated, reviews submitted through social media and other online platforms.
“As we have been since our founding in 1915, we are singularly focused on providing our friends and neighbors across Rhode Island with the individualized service they need to realize their financial dreams,” Orovitz said. “On behalf of our entire team, we thank Newsweek for this wonderful recognition and congratulate all of this year’s honorees.”