Taylorville Community Credit Union (TCCU) has been named one of the nation’s Top 250 regional credit unions by Newsweek magazine. In partnership with market data research firm Plant-A Insights Group, Newsweek analyzed all regional banks and credit unions in the United States (approx. 9440 institutions), to determine the Top 250 in each category.
TCCU is one of only 12 credit unions in Illinois to make the list.
TCCU President Will Perkins says they are proud to receive that recognition and is a testament to all the hard work employees put in. Perkins says it’s an honor to be recognized for the commitment to members and local communities.
The research partners used a well-defined methodology to determine the Top 250 lists, including such aspects as profitability, financial relevance, risk exposures to financial uncertainties, media monitoring, and overall health and stability of the institutions.
The analysis was followed by a large-scale independent customer survey of 35,000-plus U.S. citizens, to provide insight into 12 categories using 75 items.
According to a release from Newsweek, “credit unions play a role in a community. As financial cooperatives owned by their members, they foster a shared sense of ownership and responsibility. This unique structure translates into a commitment to the financial well-being of its members, often resulting in lower fees, competitive rates, and a more flexible approach to lending. The community engagement of credit unions extends beyond financial transactions. Many credit unions actively contribute to local initiatives, reinforcing their role as integral community partners.
As Perkins points out, TCCU staff and management take considerable pride in their service to the credit union’s members and their greater communities. Perkins says that members appreciate the role the credit union plays in their daily lives. He believes they know through their daily interactions with the staff and their genuine interest in seeing them succeed – that TCCU is there to help in whatever manner we can.
Perkins says they have to thank their more than 7200 members for this recognition and award from Newsweek and TCCU wouldn’t be anywhere without them.
For more information about Taylorville Community Credit Union and its benefits, its field of membership, or how to join, visit www.TCCU.org. Membership is open to everyone who works or lives in the tri-county area of Shelby, Christian and Montgomery Counties. TCCU maintains locations in Taylorville, Hillsboro, Litchfield and Pana.
