We’re sharing some exciting news about 7 17!

4/23/2021

7 17 Credit Union was named to the list of the top 100 credit unions for 2020!

7 17 Credit Union was ranked first in Ohio and 40th in the nation for the best-performing United States credit unions in 2020 by S&P Global Market Intelligence.

Of the nearly 5,300 credit unions in the U.S., 1,727 qualified for the ranking by meeting a threshold of at least $100 million in assets and a NetWorth Ratio of at least 7%.

The rankings were based on the following five metrics:
  1. Member growth (7 17 had a 7.4% increase)
  2. Average loans, net of Paycheck Protection Program (PPP) Loans, per member (7 17 had a net of $9,829)
  3. Net worth as a percentage of total assets (7 17’s net worth was 14.06%)
  4. Delinquent loans as a percentage of total loans, net of PPP Loans (7 17 had 0.41%)
  5. Return on average assets (7 17’s return was 1.07%)
The only other credit union in Ohio to make the list was Superior Credit Union in Lima. They were ranked at 81.

7 17 Credit Union remains committed to providing our members and communities we serve with quality and affordable financial tools to help them reach their financial goals.