News & Press: Credit Union News

Hiway Federal Credit Union Named A 2017 ‘Best Credit Union’s Anyone Can Join’ By Kiplinger’s...

Wednesday, June 28, 2017  
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Hiway Federal Credit Union - ST PAUL, Minn. (June 28, 2017) - Hiway Federal Credit Union® (Hiway) has been named as one of the best credit unions in the nation in Kiplinger’s Personal Finance’s first rankings of the Best Banks and Credit Union’s in the U.S. The magazine identified the crème de la crème, among national banks, nationally available credit unions, internet banks, plus the best bank in each of four regions.  

 

“Delivering an exceptional member experience is our top priority,” said Dave Boden, Hiway President/CEO. “Whether our members choose to interact with us in person, over the phone or online, we strongly believe that every experience should be easy, convenient and friendly. Our focus is always on keeping the members’ best interests in mind, offering a full line of competitive products and services to help improve their overall financial well-being.”

 

Lisa Gerstner, a contributing editor of the magazine who was part of a team that worked on the best-bank-and-credit-union package that ran in the July issue of the magazine, said she focused on credit unions that “open their doors to any U.S. customer who joins a qualifying organization.” A special, expanded version that was published on the magazine’s website, www.kiplinger.com, cited Hiway as one of the best of the best for, among other things, both its free and Minnesota Wild checking accounts.

 

The editors at Kiplinger’s Personal Finance used data from Moebs Services, a Lake Forest, Ill. economic research firm, to rank national and regional banks and thrifts, credit unions and internet banks. The process started with all 11,831 U.S. depositories as of year-end 2016. The list was then screened for asset size, excess fees, high expenses and sufficient capital. The complete rankings are now available online at Kiplinger.com, along with in-depth profiles of the selected institutions. The ranking will be available in print in the July 2017 issue of the magazine, on newsstands June 6.

 

ABOUT HIWAY FEDERAL CREDIT UNION               

Hiway Federal Credit Union was founded in 1931 to serve the employees of the Minnesota Highway Department. Today, Hiway serves over 65,000 members in Minnesota and around the country, registers $1 billion in assets and welcomes new membership from individuals and small businesses. Hiway offers its members unparalleled member service and a lifetime of savings through lower loan rates, higher savings rates and fewer and lower fees.

 

ABOUT KIPLINGER

For nine decades, the Kiplinger organization has led the way in personal finance and business forecasting. Founded in 1920 by W.M. Kiplinger, the company developed one of the nation's first successful newsletters in modern times. The Kiplinger Letter, launched in 1923, remains the longest continuously published newsletter in the United States. In 1947, Kiplinger created the nation's first personal finance magazine. Kiplinger.com is the fastest growing Web site in the personal finance space. Located in the heart of our nation's capital, the Kiplinger editors remain dedicated to delivering sound, unbiased advice for your family and your business in clear, concise language. Become a fan of Kiplinger on Facebook or Kiplinger.com and follow Kiplinger on Twitter, LinkedIn and Tumblr. 


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