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Aug 29, 2022

Mission Fed Makes Forbes Best-In-State Credit Unions List for 2022

Press Releases

For Immediate Release

Mission Fed Makes Forbes Best-In-State Credit Unions List for 2022

Media Contacts:

Vince Heald ([email protected]) – 858-717-1000
Alyssa Enwright ([email protected]) – 619-259-7712

SAN DIEGO, August 29, 2022 – Mission Fed Credit Union, the largest member-owned, not-for-profit, full-service financial institution exclusively serving San Diego County, has been named on the Forbes list of Best-In-State Credit Unions for 2022. Forbes ranked Mission Fed as number five of the top 10 credit unions in California, and the only credit union in San Diego to be named on the prestigious list. The award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider.

Forbes and Statista queried customers nationwide, conducting unsolicited, third-party interviews of more than 26,000 US citizens from all 50 states on their banking relationships. Customers provided an overall satisfaction score and were asked if they would recommend their credit union to friends and family. Respondents were also surveyed about trust, terms, and conditions (including reasonable and transparent fees), branch services, digital services, customer service, and financial advice. Only 3.4% of credit unions across the country ranked on this list.

“This is a distinct honor,” said Debra Schwartz, President and CEO of Mission Fed. “As the only credit union in San Diego, we’re so proud to join the small percentage of credit unions across the nation that made the cut. This is validation of the great work by our committed employees, and the impact of our strong organizational culture.”

Having served the financial needs of San Diegans for 60 years through checking, savings, loans, credit cards and insurance offerings, Mission Fed is also the first credit union in San Diego County to receive the Juntos Avanzamos “Together We Advance” designation, a distinction that acknowledges its ongoing commitment to serving and empowering Hispanic consumers.

About Mission Fed Credit Union

Mission Federal Credit Union (Mission Fed) is the largest member-owned, not-for-profit, full-service financial institution exclusively serving San Diego County. Mission Fed enhances the lives of its members through financial education and services, providing stability and strength to help San Diegans with financial wellness and success. Banking at Mission Fed means doing good for San Diego. Mission Fed gives money back to our local communities, has helped hundreds of nonprofits and important causes, and builds deep relationships with community partners.

Mission Fed has served the financial needs of San Diegans for over 60 years through checking, savings, loans, credit cards, insurance, and other financial offerings. Mission Fed has more than $5.0 billion in assets, 280,000 members, 34 convenient local branches, 30,000 fee-free CO-OP ATMs nationwide and free mobile and online banking services. The credit union was named a Top Workplaces USA winner in 2021 and placed in the top five California credit unions on Forbes’ Best-In-State Credit Unions list in 2022. Mission Fed is also the first San Diego-based credit union to receive the “Juntos Avanzamos” designation, honoring its commitment to serving and empowering Hispanic/Latinx consumers. Federally insured by NCUA and Equal Housing Lender.

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