DepositAccounts.com evaluates the financial health of over 11,000 banks and credit unions in the United States once per quarter. To determine bank ranking and recognition, DepositAccounts.com grades each institution on a number of 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.“
Utah Power Credit Union was awarded an A+ Health and Stability Rating in 2018, the highest rating given by DepositAccounts.com. UPCU was also ranked #7 in the Top 200 Healthiest Credit Unions in the Country in 2018.