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TLC Community Credit Union Places In Top 200 Healthiest Credit Unions In Nation

TLC Community Credit Union in Southeast Michigan has been ranked in the top 200 healthiest credit unions in the United States.

Adrian, Michigan, US, 08/30/2016 /SubmitPressRelease123/

TLC Community Credit Union in Southeast Michigan is pleased to announce that it has recently been ranked in the top 200 Healthiest Credit Unions in the United States. Landing at #33 in the national ranking, TLC Community Credit Union is the only credit union in Michigan and Ohio to even crack the top 50.

“We couldn’t be more ecstatic,” confides TLC CEO Randy Smith.  “We always strive to be the best in what we do, but to be recognized by, a national and highly respected reviewer, this takes everything to the next level.” is an independent evaluator of financial institutions that tracks 275,000 deposit rates, displays more than 8,000 bank and credit union reviews, and provides health ratings for all federally insured banks and credit unions. Their mission was to create a means for consumers to access and review the strength of their financial institution after the global financial crisis of 2008. Currently, TLC is rated on the website with an A+.

According to, the health of a credit union or bank is assessed by three important factors. The first is referred to as the Texas Ratio, which is the means by comparing the total value of at-risk loans to the total value of funds the institution has on hand to cover these loans. Deposit growth is the next and shows the amount of total deposits that a bank or credit union has and looks to see whether they have been increasing over time. A strong track record of stable growth is an indicator of consumer confidence and the credit union or bank’s ability to strengthen its balance sheet. The third factor, capitalization, examines available capital by directly calculating an institution’s assets minus its liabilities. It is important to remember that stronger capital means more assets are available to cover potential losses.

“This is a result of only one thing,” Randy adds, “putting people first. Bottom line, we are community owned. Whether it’s a new service we are offering, like the ability to search for a new or pre-owned vehicle right from our own website, or the way you are greeted as soon as you enter any of our locations, everything is about member service at TLC. We want every member experience to be special and to cater to the individual’s specific financial needs. The national ranking from is an affirmation of our commitment and we look forward to working even harder in the future to surpass this benchmark.”

Founded in 1956, TLC has grown to have 5 locations in Adrian, Tecumseh, and Blissfield, Michigan. As a full financial service credit union that serves more than 46,000 members and manages more than $400,000,000 in assets, TLC is proud to offer many complex financial services that were once only available at very large regional and national institutions. From home, auto, student loans, and credit cards to state-of-the-art online and mobile services, like text banking and remote deposit, TLC offers a wealth of services and products for all people.

TLC Community Credit Union may be contacted by calling (517) 263-9120 or by clicking on

Social Media Tags:TLC Community Credit Union, credit, union, Tecumseh, Adrian, Blissfield, Michigan, bank, lender, mortgage, auto, student, online, banking

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