Whatcom Educational Credit Union(WECU) landed at number seven in a ranking of the top 200 healthiest credit unions in America.
DepositAccounts, a consumer-advocacy website that collects banking statistics, produced the list.
According to the list, WECU is the top-ranked credit union in the state.
DepositAccounts ranked credit unions using three main variables: Texas ratio – a comparison of the total value of loans at risk to the total value of funds on hand to cover those loans, deposit growth, and capitalization.
For a closer look at WECU’s rating, see DepositAccounts’ website