BELLINGHAM (September 20, 2020) — WECU has been ranked No. 51 for financial health on the 2020 “Top 200 Healthiest Credit Unions in America” list and was one of only nine in Washington to be honored. More than 10,000 banks and credit unions across the U.S. were evaluated by DepositAccounts.com, a subsidiary of LendingTree.
The organization provides banking and deposits product information for consumers and is the largest and most comprehensive online publication in the U.S. They graded each institution on several factors, including capitalization, deposit growth and loan-to-reserve ratios.
“We are thrilled to be recognized for our financial health,” said Jennifer Kutcher, President & CEO at WECU. “Our place on this list represents our commitment to responsible financial management. It will allow us to be a part of this community for many generations.”
WECU says that its financial health also allows it to continually find ways to better serve its members.
WECU is a credit union based in Bellingham, Washington. Founded in 1936 as Bellingham Teachers Credit Union, WECU serves individuals and businesses located throughout the state of Washington. With more than $2.0 billion in assets, WECU serves approximately 130,000 members and employs more than 400 people, predominantly in Whatcom County.
Keith Mader, Program Manager PR & Content at WECU, 360-756-7694, [email protected]