Two Bend Chamber members, Bank of the Cascades and OnPoint Community Credit Union, were named in the DepositAccount’s list of the Top 200 Healthiest Institutions in America.
DepositAccounts.com is the largest and most comprehensive online publication in the U.S. dedicated to banking/savings (deposits) information for consumers. Each year, DepositAccounts.com evaluates the financial health of every federally insured bank and credit union in the United States – more than 13,000 total. Each institution is graded on a number of factors, including capitalization, deposit growth and loan to reserve ratios, in order to determine a comprehensive health score.
According to the report, Bank of the Cascades and OnPoint Community Credit Union both received an A+ health rating. The full list may be found at: https://www.depositaccounts.com/banks/health.aspx#healthiest.