Sandia Laboratory Federal Credit Union ranked as a ‘Best-In-State Credit Union’ by Forbes for sixth straight year
SLFCU has been included on list since it launched in 2018
ALBUQUERQUE, NM (June 29, 2023) — Sandia Laboratory Federal Credit Union (SLFCU) has been ranked as one of the top credit unions in New Mexico by Forbes for the sixth consecutive year, dating back to 2018 when the rankings began.
“We are honored to be included once again on Forbes’ list, as it reflects SLFCU’s ongoing commitment to deliver financial products and services that create jobs, housing, security, and growth for our members,” said Stephanie Sherrodd, SLFCU’s President and CEO.
“On behalf of all SLFCU employees, I’d like to thank our members, who have made this award possible for the past six years. Our culture centers on putting them first, always. The spirit of that culture is embedded in our values, which serve as a daily guide in how we behave toward each other and our membership,” she added.
Forbes partners with market research firm Statista to prepare their annual lists. For the 2023 ranking, Statista surveyed approximately 31,000 U.S. residents from all 50 states. Survey participants were asked to evaluate financial institutions in which they held a savings or checking account and rate them on customer service, quality of financial advice offered, their opinions on whether or not fees were reasonable and transparent, ease of navigating the company website, on-location branch services, and their overall level of trust in the institution. These surveys accounted for 80 percent of the scoring. Google Reviews and ratings posted between March 2020 and April 2023 were also taken into consideration, accounting for the remaining 20 percent of the scoring.
To view Forbes’ full 2023 report, click here.
About Sandia Laboratory Federal Credit Union (SLFCU)
SLFCU was named by Forbes as a Best-in-State Credit Union for the sixth consecutive year in 2023. With more than $4 billion in assets, SLFCU is one of New Mexico’s largest credit unions by asset size and serves more than 140,000 members, with 12 branches in New Mexico and one in Livermore, California. Formed in 1948 by employees of Sandia National Laboratories, SLFCU’s field of membership now includes more than 1,400 partner companies in New Mexico and California. Employees of those companies and their family members use SLFCU for financial services that include checking, savings, home mortgages, auto loans, credit and check cards, and investment services. Members enjoy a nationwide, surcharge-free ATM system and free online account services. The Credit Union is federally insured by the National Credit Union Administration (NCUA) and is an Equal Housing Lender.
