Idaho Central Named the Top Performing CU in 2017 "Credit News 24"
S&P Global Market Intelligence reported that Idaho Central Credit Union (Chubbuck, ID) was the top performing credit union in 2017.This is the fifth year in a row that Idaho central was named the top performing credit union.
Credit unions were ranked on five performance metrics -- member growth, market growth, operating expense as a percentage of operating revenue, net charge-offs as a percentage of average loans and delinquent loans as a percentage of total loans.
To be eligible for the ranking, a credit union had to report more than $500 million in total assets and a net worth ratio of at least 7.0% as of December 31, 2017.
Superior Credit Union Inc. (Lima, OH) took the number 2 spot and Lake Michigan Credit Union (Grand Rapids, MI) finished in third place.
The following table ranks the top 50 performing credit unions in 2017.
Read more.
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