Rating Methodology for Banks and Credit Unions

Choosing a bank or credit union is a financial decision that requires research and careful consideration. It is a decision we do not take lightly. At SimpleMoneLyfe, we utilize the following rating criteria to accurately evaluate Banks and Credit Unions:

Information and Data Collection

The editorial team and product analysts leverage expert interviews, publicly available data, and reputable third-party resources to collect relevant information and data about the bank or credit union we are evaluating. Sources include:

Content Updates

Analysts review banks and credit unions on an annual basis. However, throughout the year, we make timely and relevant updates to the content to ensure its accuracy and impartiality. When a bank or credit union adjusts its fees, rates, or rolls out new products/features, we will update content.

Bank and Credit Union Review Team

The bank and credit union editorial team are financial industry veterans and experts. Collectively, they have helped our content be featured on CNBC, Business Insider, U.S. News & World Report, The Huffington Post, and more. All members of the team adhere to our strict editorial guidelines and integrity.