S&P Global Market Intelligence – GCEFCU Ranked in Top 100 Best Performing Credit Unions

Pasadena, TX: Gulf Coast Educators Federal Credit Union has once again made the list for S&P Global Market Intelligence’s annual rankings of the Top 100 Best-Performing Credit Unions for 2022. This is the third consecutive year that the credit union has made the award-winning data insight provider’s list. GCEFCU is ranked sixty-sixth on the list of top performing credit unions in the nation.

Each year, S&P Global Market Intelligence scores credit unions based on five metrics: member growth; total number of loans per member; net worth as a percentage of total assets; delinquent loans as a percentage of total loans; and return on average assets. The scores are then measured against the industry mean and ranked accordingly. Criteria for the rankings included credit unions with more than $100 million in total assets and a net worth ratio of at least 7% as of December 31, 2022. Based on this criteria, 1,797 credit unions qualified for the ranking.

For a complete listing of S&P Global Market Intelligence’s Best-Performing Credit Unions for 2022, click here.

Texas Association of School Boards – Gulf Coast Educators FCU Awarded “Stand Up for Texas Public Schools” Award

Gulf Coast Educators FCU has been recognized by the Texas Association of School Boards with their “Stand Up for Texas Public Schools” award. This award is given to businesses who stand up and support public schools in our community. In order to receive this award, businesses must be nominated by school districts in their area. Gulf Coast Educators FCU has received this recognition from several Texas school districts, including Pasadena ISD, Dickinson ISD, Pearland ISD, Humble ISD, and Santa Fe ISD.

“On behalf of the Board of Directors and staff at TASB, I thank you and recognize you as an example in your community. Your unselfish willingness to go the extra mile for schools is an inspiring testimony to your support of students and schools,” said TASB Executive Director, James Crow.

Gulf Coast Educators FCU is proud to serve educators and school employees all across the state of Texas. We understand the impact that schools have on our community and are honored to receive such prestigious recognition.

To learn more about the Stand Up for Texas Public Schools initiative, visit www.standup4txpublicschools.org.

MemberXP Best of the Best Award for 2022

Gulf Coast Educators FCU was designated by MemberXP as a 2022 Best of the Best credit union, based on the credit union’s performance in 2021. The MemberXP Best of the Best designation is awarded to credit unions that consistently provide exceptional levels of member service during a calendar year. This prestigious award is given to fewer than one in five of the high-performing credit unions using MemberXP’s service evaluation platform. A credit union cannot apply for this award. It is independently granted by MemberXP based on specific criteria including member service and ease of use.

MemberXP is a voice of member platform that allows credit union members to provide immediate feedback on the service they receive. The platform utilizes mystery shops and member surveys to gauge the overall member experience across multiple delivery channels and specific experiences such as getting a loan or opening a new account.

Gulf Coast Educators FCU’s top scores indicate a real commitment to doing what is right for members,” said Constance Anderson, founder of MemberXP.

To read the full article, Click 2022 MemberXP Best of the Best
 

WalletHub Best Credit Union In Texas Award for 2022

Gulf Coast Educators FCU was named WalletHub’s Best Credit Union in Texas for 2022. This award is given each year to credit unions that have maintained an average rating of at least 3.7 and have a minimum of 10 user reviews. Credit unions across the state were categorized in a group together, with Gulf Coast Educators FCU being ranked number one, having 5.0 stars.

To learn more about this award, visit our profile on WalletHub’s website by clicking here.
 

2021 Top 200 Healthiest Credit Unions

DepositAccounts.com, a subsidiary of LendingTree, has released its list of the 2021 Top 200 Healthiest Credit Unions in America. Gulf Coast Educators is number 43 on the list and the credit union’s management team and board are very proud to be so highly ranked out of the 2,943 federally insured credit unions analyzed.

DepositAccounts.com evaluates the financial health of over 10,000 banks and credit unions in the United States once per quarter. To determine bank ranking and recognition, DepositAccounts.com grades each institution on several 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.”

To learn more, click here.