Sept. 29, 2021
For Immediate Release
Mission Fed Recognized Among Top Healthiest Credit Unions in America
SAN DIEGO, CA – Mission Fed Credit Union, the largest member-owned, not-for-profit, fullservice financial institution exclusively serving San Diego County, was recognized by DepositAccounts.com of Lending Tree in the 2021 Top 200 Healthiest Credit Unions in America two years in a row.
DepositAccounts.com evaluates 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.com grades each institution on numerous factors, including capitalization, deposit growth, and loan-to-reserve ratios.
“We believe it is important to give consumers a way to evaluate the financial health of their institutions,” said Ken Tumin, founder of DepositAccounts.com. “Our list empowers consumers to make informed decisions when selecting a financial institution.”
Mission Fed received an A+ rating – the highest health grade given out – and ranked #74 overall out of 2,943 National Credit Union Administration (NCUA) insured credit unions.
Debra Schwartz, President and CEO of Mission Fed, 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.”
For a complete listing of the 2021 Top 200 Healthiest Credit Unions in America, visit https://www.depositaccounts.com/banks/health.aspx.
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 60 years through checking, savings, loans, credit cards and insurance offerings. Mission Fed has $5 billion in assets, more than 270,000 members, 33 convenient local branches, 30,000 fee-free CO-OP ATMs nationwide and free mobile and online banking services. Mission Fed was recognized as a 2020 Top Workplace by The San Diego Union-Tribune and named a Top Workplaces USA winner in 2021. Federally insured by NCUA and Equal Housing Lender.
DepositAccounts.com is the largest and most comprehensive online publication in the U.S. dedicated to banking and deposits product information for consumers. It covers every federally insured bank and credit union and utilizes its patented technology to track approximately 275,000 consumer deposit rates, each updated nightly. The site features more than 11,000 editorial articles detailing depository strategies and highlighting current bank rates and offers. It is also home to one of the largest communities of depositors on the Web, hosting more than 100,000 comments, customer reviews, and forum threads.