Burlington, VT – Vermont Federal Credit Union ranked highly in Callahan & Associates Return of the Member (ROM) Scoring in the 3rd Quarter 2017.
Callahan & Associates is a credit union research and consulting firm that supports credit unions by providing actionable data, fostering collaboration, and driving groundbreaking innovation. Callahan’s Return of the Member index quantifies the value that credit unions provide their member-owners in terms of savings, lending and product usage and how it funnels its profits back to its members.
In the third quarter of 2017, Vermont Federal Credit Union ranked 1st of Vermont credit unions and 5th amongst all credit unions in the country with assets from $500 million to $1 billion for this member value score. The credit union ranked 32nd amongst the roughly 5,761 credit unions in the country.
“We are so honored to be recognized nationally.” commented Jean Giard, President and CEO of Vermont Federal Credit Union. “Credit unions were developed to serve their member-owners and we continuously strive to improve our member service by offering new products, competitive rates and more services that ultimately bring value to our membership.”
Vermont Federal Credit Union is a $900 million-plus full-service, not-for-profit, cooperative financial institution that has served Vermonters for more than 70 years, with eight locations currently serving over 50,000 members. Members are part of a cooperative, meaning they share ownership in the Credit Union and elect a volunteer board of directors. Vermont Federal Credit Union provides membership to anyone who lives, works, worships, or attends school in all of Vermont. Vermont Federal Credit Union is committed to supporting its communities and helping Vermonters prosper, no matter where they may be on life’s journey. Learn more about Vermont Federal Credit Union.
Download a PDF version of this press release here.
Contact:
Lori Crowley
V.P. of Marketing
Vermont Federal Credit Union
80 Midas Drive
South Burlington, VT 05403
(802) 658-0225 x 1312
lcrowley@vermontfederal.org
