---
title: VFCU Awarded on the Forbes Best-in-State Credit Unions 2023 List
description: Vermont Federal Credit Union was named in the Forbes list of Best-In-State Credit Unions 2023.
image: https://www.vermontfederal.org/hubfs/Newsweek_US-Derma2023_Insta_1080x1080_Var01.png
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# VFCU Awarded on the Forbes Best-in-State Credit Unions 2023 List

[Vermont Federal Credit Union](https://www.vermontfederal.org/news/author/vermont-federal-credit-union) 

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**July 24, 2023 -**

**South Burlington, VT** - Vermont Federal Credit Union was named in the Forbes list of Best-In-State Credit Unions 2023. This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on June 20th, 2023, and can currently be viewed on the [Forbes](https://www.forbes.com/lists/best-in-state-credit-unions/?sh=37d2bc913ede) website.

Forbes and Statista identified Best-In-State Credit Unions 2023 were determined based on two sources:

1. An independent survey: Approximately 26,000 US consumers were asked to rate credit unions at which they have or previously have had checking/savings accounts. Participants made recommendations regarding overall satisfaction and assessed credit unions in the following areas: Trust, Terms & Conditions, Branch Services, Digital Services, Customer Service, and Financial Advice.
2. Publicly available reviews: For each credit union, in each state, a sentiment analysis approach of publicly available online text reviews and ratings was applied.

Based on the results of the study, Vermont Federal Credit Union is ecstatic to be recognized on the Forbes list of Best-In-State Credit Unions 2023.

"We are overjoyed to receive such an accolade, based on data from our community members," said Jean Giard, President/CEO at Vermont Federal Credit Union. "Vermonters value local organizations, and we are proud to be recognized as a leading financial institution by them. I thank our incredible team for the hard work they do every day on behalf of our members and the communities we serve."

[Learn more about Vermont Federal Credit Union.](https://www.vermontfederal.org)

 

###

About Vermont Federal Credit Union  
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.](https://www.vermontfederal.org/) 

For media inquiries, please contact:  
Peter Winch  
Director of Marketing   
pwinch@vermontfederal.org   
(802) 658-0225 x 1312

[Vermont Federal Credit Union](https://www.vermontfederal.org/news/author/vermont-federal-credit-union)

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