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

Pasadena, TX: Gulf Coast Educators Federal Credit Union is pleased to share that we are listed in S&P Global Market Intelligence’s recent annual rankings of the Top 100 Best-Performing Community Banks and Credit Unions for 2020. GCEFCU is ranked seventh on the list and is the top performing credit union in the state of Texas.

Each year, S&P Global Market Intelligence scores every credit union based on five metrics: member growth; average loans, net of Paycheck Protection Program (PPP) loans, per member; net worth as a percentage of total assets; delinquent loans as a percentage of total loans, net of PPP loans; and return on average assets. The scores are then measured against the industry mean and ranked accordingly.

Gulf Coast Educators FCU is proud to be named the best performing credit union in Texas, and one of the Top 100 Credit Unions for 2020. Our management team and board of directors strive to provide top quality and sound service to all of our members. For a complete listing of S&P Global Market Intelligence’s Best-Performing Community Banks and Credit Unions for 2020, click here.

2020 Top 200 Healthiest Credit Unions

DepositAccounts.com, a subsidiary of LendingTree, has released its list of the 2020 Top 200 Healthiest Credit Unions in America. Gulf Coast Educators is number 44 on the list and the credit union’s management team and board are very proud to be so highly ranked out of the 5,460 federally insured credit unions in the US.

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 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.”

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 2021

Gulf Coast Educators FCU was designated by MemberXP as a 2021 Best of the Best credit union, based on the credit union’s performance in 2020. 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.

For read the full article, click here.

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