If you are looking for a local credit union in Silicon Valley, Meriwest Credit Union is an excellent choice. This credit union is part of the community and has been around since 1961. It offers high APYs on its Money Market Savings and Certificates, as well as low Minimum Deposits and no monthly service fees. You can even use Amazon Alexa to conduct voice banking. You’ll be glad you did.
The list was based on overall satisfaction and recommendations. It also ranked financial institutions in five subdimensions, including trust, terms and conditions, branch services, and digital services. Using these scores, the financial institutions were ranked from one to ten on each subdimension. Only three out of every five credit unions in Silicon Valley made the list, and the competition is fierce. The rankings are based on data from more than 25,000 consumers in the U.S.