Quorum Federal Credit Union Crowned as Bankrate's Best Credit Union and Savings Account for 2025
In an impressive recognition of excellence within the financial services sector, Quorum Federal Credit Union has been awarded the title of
Best Credit Union of 2025 by the renowned personal finance platform, Bankrate. The credit union also received the honor of having the
Best Savings Account of 2025 for its popular product, HighQ, noted for its competitive yields and minimal fees.
Quorum Federal Credit Union, which operates as an online financial institution, has proven itself to be a frontrunner in providing value-driven services to its members across the U.S. This accolade marks the seventh consecutive year that Quorum has been featured on Bankrate's Best Credit Unions list, solidifying its status as a leader in the industry.
A Testimony to Dedication and Service
According to Quorum's President and CEO,
Jeff Pachter, the recognition is a testament to the steadfast commitment of the team and the trust that members place in the credit union. He expressed gratitude, stating, "This recognition is a testament to the unwavering dedication of our team and the trust our members place in us. We remain committed to providing exceptional service and innovative financial solutions that empower our members."
Quorum's focus on user-friendly services includes offering competitive Annual Percentage Yields (APYs) on savings and term accounts, alongside
free checking accounts with access to an extensive network of over 90,000 fee-free ATMs. Members have increasingly recognized the credit union's streamlined membership application process, which enhances their overall banking experience.
HighQ's Recognition
The
HighQ savings account stood out for its attractive yields coupled with minimal fees, making it an ideal choice for individuals looking to optimize their savings. Bankrate highlighted HighQ as a robust financial option, further emphasizing its seamless integration with Quorum's extensive financial services. This is the first time HighQ has been recognized with the Best Savings Account award, which speaks to its growing popularity among customers.
A Hub of Financial Resources
In addition to these accolades from Bankrate, Quorum Federal Credit Union has received recognition from several other notable sources, including Yahoo! Finance, CNET, Business Insider, and MarketWatch Guides. Their innovative online platform, the
Learning Hub, has garnered acclaim, winning the distinguished Diamond Award from America's Credit Unions and being highlighted by influential figures such as retail banking influencer
Jim Marous.
Quorum's commitment to serving its members extends beyond traditional banking, as it provides resources aimed at helping customers manage their financial health efficiently. Various savings and loan products have also received endorsements from several financial publications, including
CNBC,
CNN,
Kiplinger,
Forbes, and
Fortune.
Workplace Excellence
Quorum's commitment to quality extends to its internal culture as well. The credit union is proud to have been recognized as a
Great Place to Work for the third consecutive year and was honored by Fortune Media as one of the Best Workplaces in Financial Services & Insurance over the past two years. This recognition underlines their dedication not only to members but also to employees.
Looking to the Future
As it moves forward into 2025, Quorum Federal Credit Union remains focused on continuing its path of innovation and excellence. The leadership encourages all members to stay engaged as the credit union seeks new ways to enhance products and services. With plans to invest further in member-focused initiatives, Quorum is set to refresh its offerings, lower fees, and continue a commitment to transparent and efficient banking practices.
For more information on Quorum Federal Credit Union and to discover how you can become part of this thriving community, visit
quorumfcu.org.