Churchill County Federal Credit Union, your local credit union, was named the industry’s top performing credit union by Glatt Consulting Group, Inc. for both the 3rd and 4th quarters of 2018. Glatt measures the health of credit unions nationwide using 17 different key ratios; such as loan growth and delinquencies, deposits per member, asset growth, net worth and efficiency. This HealthScore is published quarterly by Glatt and indicates the financial performance and health of US-based credit unions.
Chartered in 1957, CCFCU currently holds $51 million is assets, serves nearly 2,600 members and has 5 staff. Additionally, the credit union boasts an all-volunteer Board of Directors, Supervisory Committee and Credit Committee. The credit union’s HealthScore is the highest in the nation at 8.97 out of 10. The average HealthScore among Nevada credit unions is 6.81 and 5.86 for credit unions nationwide. This score indicates that CCFCU is a financially healthy, well-run credit union that members of this community can trust. The credit union is proud to offer low loan rates on auto loans, RV and signature loans as well as higher than market savings interest rates.
Click the links below to read the full article on Digital Journal or to read more about Glatt’s HealthScore: