LIMA — Superior Credit Union, based in Lima, was named No. 4 Best-Performing Credit Union in the United States by S&P Global Market Intelligence. The credit union is ranked as no other credit unions in the top 10 had assets of less than $1 billion, and only one other Ohio credit union was ranked in the top 50.
S&P Global Market Intelligence ranked the nation’s credit unions using five core financial performance metrics: member growth, market growth, operating expense as a percentage of operating revenue, net charge-offs as a percentage of average loans and delinquent loans as a percentage of total loans. To be eligible for ranking, a credit union had to report more than $500 million in total assets and a net worth ratio of at least 7.0 percent as of Dec. 31, 2017.
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