Blaze Named Forbes Best-in-State Credit Union

Blaze has been named one of Minnesota’s Best-in-State Credit Unions by renowned business media company Forbes.

Forbes annually names the best banks and credit unions in each state, partnering with the market research firm Statista to survey approximately 26,000 U.S. residents.

“We are proud and humbled to be recognized by Forbes,” said Blaze CEO Dan Stoltz. “Our goal every day is to meet the needs of our members and it’s an honor to know that we are achieving that in so many ways. I’m immensely proud of the team that we have assembled here at Blaze, and their commitment to our core purpose of Better Lives.”

To evaluate each bank and credit union, Statista also collected online text reviews and ratings written between February 2021 and March 2024. This research accounted for 20% of the scoring, while the surveys accounted for 80%. The financial institutions with the highest scores earned a place on Forbes’ list.

Participants were asked to name all the banks and credit unions where they currently have and/or previously had a checking or savings account, and to identify financial institutions they’re familiar with via the experiences of friends and family. Respondents were asked to share their level of satisfaction with the bank or credit union, and their willingness to recommend it to others, and to rate the organization on such criteria as: customer service, the quality of financial advice offered, fee structures, digital services, service at branch locations, and the degree of trust the financial institutions inspired. Survey responses from the last three years were taken into consideration, with recent data and responses from current customers given more weight than the older data and responses from former customers and friends and family.

Only 6% of credit unions across the country achieved the best-in-state designation.

For more information on the Forbes Best-in-State list and the complete list of credit unions honored with a Best-In-State designation, please visit Forbes Best-in-State.