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Communication FCU Ranked #1 in Consumer Value
Wednesday, October 17, 2018 6:45 AM

Communication Federal Credit Union was ranked as the number one credit union in the state of Oklahoma by Callahan and Associates on Return of the Member (ROM). This metric was designed to go beyond financial stability, where CFCU also ranks exceptionally well, to assess value provided to consumers who use the credit union.

To derive the rating, Callahan and Associates looked at both loan and savings rates, product usage, and efficiency. Not only was CFCU ranked number one in Oklahoma, it is in the top 15 percent nationally. Additionally, the credit union is ranked number one in the state by Forbes magazine, based upon feedback from a nationwide consumer survey.

“We strive to make decisions centered around what is best for our members," said CFCU President/CEO Larry Shropshire. "They entrust the credit union with hundreds of millions of dollars of their hard-earned money, and as a member-owned financial institution, our responsibility is to our members. This ranking by Callahan and Associates affirms the values and culture at Communication Federal Credit Union to do what is right for consumers and keep more money in their pockets, where it belongs.”

Communication Federal Credit Union is dedicated to sustaining the credit union philosophy of providing consumer-focused financial products. In addition, the credit union supports schools and community-minded events throughout the state, and has grown to be one of the state’s largest credit unions over the past 79 years.

About Communication Federal Credit Union
Communication Federal Credit Union has headquarters in Oklahoma City and was founded in 1939. It has more than 85,000 members and over one billion dollars in assets. The credit union has grown to include 23 branch locations in two states, serving the employees of such outstanding companies as AT&T, ONEOK, ONE Gas, OG+E, SandRidge Energy and more than 250 other groups. It is among the strongest financial institutions in the nation, having received the prestigious five-star rating from Bauer Financial Reports, Inc. for 28 consecutive years. The credit union is involved in projects that give back to local communities and maintains a strong commitment to helping serve the financial needs of its members. Learn more at comfedcu.org.