BATON ROUGE, La - La Capitol Federal Credit Union has been named by Forbes magazine to their third annual America’s Best Credit Unions in Each State list. This award is presented by Forbes and Statista, a world leading statistics portal and industry ranking provider.
Forbes Best-In-State Banks and Credit Unions 2020 is comprised of the top banks and credit unions based on the results of independent surveys involving approximately 25,000 U.S. consumers. Participants were asked to rate the financial institutions at which they have or have had checking accounts. Members made recommendations regarding overall satisfaction. They also assessed banks and credit unions in five areas: trust, terms and conditions, branch services, digital services, and financial advice.
“La Capitol is honored to be recognized as one of the best credit unions in the nation,” said Michael Hooper, President and CEO of La Capitol FCU. “Our staff puts in a lot of hard work every day. It is gratifying to see that our members noticed and said as much on the survey.”
Financial institutions were scored on overall recommendations and satisfaction, as well as the five subdimensions. Of the 5,236 credit unions nationwide, just 3.5 percent made the list.
The entire list can be found by clicking here.