Evansville Teachers Federal Credit Union, which operates two branch offices in Owensboro, has received a top national accolade from a major financial publication.
ETFCU was named America’s Best Credit Union for Checking by Investopedia, a financial website based in New York City that attracts 17 million unique U.S. viewers monthly. The acknowledgment comes as part of Investopedia’s newly released Best Credit Unions of 2021 list. In total, six credit unions nationwide are recognized in specific categories.
The publication cites ETFCU’s free Vertical Checking as “one of the best high-yield options anywhere.” Vertical Checking offers a high interest rate of 3.30% APY, plus free ATMs worldwide, according to a release from the credit union.
ETFCU’s Vertical Checking was also listed in Kiplinger’s Personal Finance among its list of the nation’s “Top Checking Accounts” each month since July 2020. Among the four checking accounts listed, ETFCU’s Vertical Checking offers the largest potential earnings, according to the credit union.
In 2020, ETFCU returned $8,215,357 to members through checking accounts alone — an increase of 48% over the 2019 total.
ETFCU operates 24 branch offices in Indiana, Kentucky and Tennessee, with four additional locations under construction. The credit union’s two Owensboro locations are at 2930 Wimsatt Court and 2820 North York Street.