Anybody doing business with the public at large would have to concur that the very best form of recommendation is the one that comes for a satisfied customer. That’s why the team at Honor Credit Union is exceptionally proud of the fact that they landed at the very top of the list of the Best-In-State Credit Unions in all of Michigan as compiled by Forbes, a leader in business journalism nationwide.
Honor Credit Union, headquartered in Berrien Springs, emerged as the Number 1 Credit Union in the State of Michigan in a survey conducted by the crew at Forbes.
For their “Best Banks and Credit Unions in Every State” survey, Forbes partnered with market research firm Statista to ask more than 25,000 customers in the U.S. for their opinions on their banking relationships. Financial institutions were rated on overall recommendations and satisfaction as well as five additional sub-areas including trust, terms and conditions, branch services, digital services, and financial advice.
Honor Credit Union ranked at the top of the list for credit unions in Michigan and they are taking time out to thank their members for providing that positive feedback.
According to the article released by Forbes announcing the winners, “145 credit unions made the final cut or 2.4-percent of U.S. financial institutions.” Credit Unions also outperformed banks on the survey, with an average score of 80 versus 75.2 for banks.
Statista CEO Friedrich Schwandt accredits these higher marks to credit union’s being member-owned financial cooperatives, explaining that, “Customers prefer credit unions because they themselves are the shareholders.”
Stacey Carlin, Communications & Brand Manager at Honor, says, “We take pride in offering our members a simple experience and smart advice. We believe our role as a trusted resource is to provide solutions for financial success and meet the needs of our members in the communities we serve. With over 80,000 members spread across 24 branch locations in Michigan, we couldn’t be more thrilled about this recognition as we strive to put our members first in everything we do.”
In response to the designation from Forbes, Honor CEO Scott McFarland says, “We are truly humbled that our members recognize the value in the services that we provide to help them reach their financial goals and are willing to recommend us to their family and friends. We wouldn’t be here without their support, and we will keep working hard to stay on top.”
Carlin says, “From all of Team Honor, we thank you for voting us the No. 1 Credit Union in Michigan. But the journey doesn’t stop here. Every day is Day 1 in our world, and we will never stop working hard for our members and their financial goals.” Always recruiting she adds, “And for any potential members who are considering making the switch to discover the Honor difference, the invitation is always open to Come Be Part of It!”
