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Forbes names Genisys Credit Union a Top Credit Union in Michigan for the 5th Straight Year

FOR IMMEDIATE RELEASE

 

Forbes names Genisys Credit Union a Top Credit Union in Michigan for the 5th Straight Year

 

Auburn Hills, MI. - June 18, 2024 - Genisys Credit Union received recognition as a Best Credit Union in Michigan on Forbes’ annual “America’s Best-In-State Credit Unions” list for the fifth consecutive year.

 

“To our members, this recognition is a testament to your loyalty in choosing Genisys as your credit union. Thank you for your support, allowing us to positively impact your financial lives,” said Jackie Buchanan, President and CEO of Genisys Credit Union. “Being recognized by Forbes highlights the dedicated efforts of our team and guidance from our Board of Directors, all ensuring the continued success of our members.”

 

Forbes partnered with market research firm, Statista, to survey 26,000 US consumers. Participants were asked to rate banks and credit unions where they have a checking or savings account and evaluate these institutions based on the following criteria: trust, terms and conditions, branch services, digital services, customer service, and financial advice. Genisys ranked 3rd in the state of Michigan. 

 

In an environment of people helping people, the team at Genisys works to ensure a strong, financial foundation in order to create an environment that supports member success. The credit union gives back with their Genius High Yield Checking Account, which pays an annual percentage yield (APY) of 6.75% and offers debit card rewards. For those 18 and under, they have a High Yield Youth Savings with an APY of 5.12% on balances up to $500. “This program aims to help our youngest members learn the importance of financial literacy by growing their savings,” said Buchanan. “Financial knowledge and capability are key in empowering an individual to reach their goals for financial freedom and choice - it’s never too early to start that education.”

 

An important part of the culture at Genisys is the investment of support to help build a strong future for their communities. They guide their actions with a Committed to Community approach, ensuring they foster sustainable solutions through projects that help community members learn, grow, and thrive by focusing on areas of: social investment, diversity, equity, and inclusion, and volunteering. 

 

“Understanding that fostering relationships and creating connections is the cornerstone of community, the team emphasizes the importance of giving back through a commitment to time. Annually, the team volunteers over 5,000 hours with our community partners,” said Buchanan. 

 

With a commitment to drive their local economies forward, Genisys upholds its dedication to help individuals, families, and businesses manage their finances in a trustworthy, convenient, and economical manner while being a partner in community. The Genisys team appreciates your continued support.

 

About Genisys Credit Union: 

Genisys Credit Union is a not-for-profit, member-owned financial institution that has been committed to helping its members financially since 1936. Based out of Auburn Hills, MI, the credit union is the fourth largest in Michigan with over 271,000 members and 32 branch locations. With a highly competitive suite of products such as High Yield Genius Checking and Youth Savings Account as well as loans for small to mid-sized businesses, Genisys specializes in providing consumer and business financial solutions through its branches, a multi-channel contact center, and a variety of mobile and online banking services. Genisys has consistently received the highest 5-star Bauer Financial Rating for safety and soundness along with receiving recognition from S&P Global Market Intelligence as a nationwide Top 10 Performing Credit Union. They are also proud to be committed to their communities by annually volunteering over 5,000 hours and partnering on over 1,000 community events. Connect with Genisys on Facebook, Twitter, Instagram, and TikTok by following @genisyscu. For more information visit www.genisyscu.org

 

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