In a show of the company’s strength and financial stability, Family Trust Federal Credit Union announced today that it has been named to Newsweek’s 2024 list of America’s Best Regional Banks and Credit Unions. This accolade accompanies the news that Family Trust has achieved a top (5-star) rating from BauerFinancial™, Inc. for the 22nd consecutive quarter.
Newsweek partnered with Plant-A Insights Group to determine America’s Best Regional Banks and Credit Unions of 2024. The study analyzed approximately 9,440 institutions across the United States based on profitability, financial relevance, risk exposure to financial uncertainties and overall health and stability of the institution.
BauerFinancial™, Inc. is recognized as the nation’s premier credit union and bank rating firm, conducting evaluations of federally insured credit unions using stringent and consistent standards. The independent financial analytics company’s ratings are compiled through detailed financial reports submitted to federal regulators.
“We are extremely proud to again emerge at the top of these rankings,” said Family Trust’s Chief Executive Officer Ryan Harvey. “We attribute this success in large part to our employees’ unwavering commitment to excellence and to the continued support and trust of our valued members.”
Family Trust has been dedicated to supporting its members since its inception 67 years ago. Consistently receiving the top, 5-star rating from BauerFinancial™, Inc., alongside the Newsweek recognition, is a testament to this commitment. Family Trust currently has over 55,000 members with $680,000,000 in assets and seven locations in York County.
About Family Trust Federal Credit Union
Family Trust Federal Credit Union has been in business since 1957. With over 55,000 members and seven branches, our mission is to help people achieve all their financial goals. Family Trust has received the top (five-star) rating for financial strength and stability from Bauer Financial for 22 consecutive quarters. Family Trust offers personal checking, savings, investments, loans, credit cards, and mortgages. For more information, visit www.familytrust.org or follow Family Trust Federal Credit Union on Facebook, Instagram, Twitter and LinkedIn.
