What's New @ the VCU

2010 1st QTR Newsletter

 






 

Vons Credit Union scores a perfect 300

IDC Financial Publishing, Inc. - Vons Credit Union earned a perfect score of 300 from IDC, for the 4th consecutive quarter of 2008. We are the only three credit unions in California out of a total of 517 to receive a perfect score of 300!

In fact, we are the ONLY credit union in California over $125 million in Assets to receive this top score and the only California credit union to receive this top score for 6 consecutive years. IDC is a nationally recognized financial rating service that rates all financial institutions in the United States using 37 different financial ratios to determine a score of 1 to 300.

Score of 300 = SUPERIOR
Credit Unions rated Superior are simply the best by all measures. On average, they have the strongest capital ratios, the best asset quality, and are the most profitable. Many of these institutions demonstrate an ability to generate a core return on net worth (ROE) above cost of net worth (COE).

BauerFinancial and BankRate - Vons Credit Union earned 5-Star ratings for financial strength from BauerFinancial and BankRate.
Take a look at how our 5-Star rating compares to the big banks.

 

 



 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 

 

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