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407-426-6000 ext. 11100
480 S Keller RD
Orlando, FL 32810

Insight Credit Union is headquartered in ORLANDO and is the 24th largest credit union in the state of Florida. It is also the 472nd largest credit union in the nation. It was established in 1991 and as of December of 2013, it had grown to 171 employees and 53,028 members. Insight Credit Union's savings rates are 6X the national average, and it has a A health rating.

Field of Membership Restrictions

Membership is open to anyone who lives or works in certain Central Florida counties. Church members, employees, and members of the clergy in the Episcopal Diocese of Central Florida, the Episcopal Diocese of Southeast Florida, the Episcopal Diocese of Southwest Florida or the Episcopal Diocese of Florida and their family members are also eligible for membership. In addition, by becoming a member of one of the following Foundations, you become eligible for membership in the credit union: The Educational Foundation of Lake County, The Foundation for Seminole County Public Schools, The Foundation for Seminole State College, The Foundation for Orange County Public Schools. A $25 tax-deductible donation to one of these Foundations is all you need to make to become a member. - See Details

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Reviews (2)

Worst Credit Union

This is the worst credit union I have ever dealt with. Beware of "hidden fees". I was charged $58 on my savings account because of a "low balance" in the account. Never received any information when I opened my account about this fee. Stay away and find another credit union that does not nickel and dime you to death!

Wonderful Credit Union

A wide range of products to choose from. When I have had to call or go into any one of their branches they have always been helpful and knowledgeable. I would recommend them to my friends and family and anyone that is looking for a new bank. I was so tired of paying all of the fees that my bank was charging me. Now when I make a deposit the credit goes in immediately and I don't get all those fees!!



Health

Data for Q4 2013

Institution Health

A

Texas Ratio

GRADE:
A

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Insight Credit Union had $4.5 million in non-current loans and owned real-estate with $55.58 million in equity and loan loss allowances on hand to cover it. This gives Insight Credit Union a Texas Ratio of 8.09% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Insight Credit Union decreased dramatically from 13.49% as of December 31, 2012 to 8.09% as of December 31, 2013, resulting in a positive change of 40.04%.This indicates that the balance sheet and financial strength for Insight Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
B+

In the past year, Insight Credit Union has increased its total deposits by $11.45 million, resulting in 2.86% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Insight Credit Union has shown is above average.

Capitalization

GRADE:
A

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Insight Credit Union has $463.86 million in assets with $55.58 million in equity, resulting in a capitalization level of 11.98%, which is excellent.

Institution Statistics

Overall
NCUA #67344
Year Chartered1991
Employees171
Primary Regulator
Assets and Liabilities
Assets$463.86 million
Loans$296.69 million
Deposits$411.06 million
Equity Capital$48.91 million
Loan Loss Allowance$6.67 million
Unbacked Noncurrent Loans$4.36 million
Real Estate Owned$137,000
Historic Data - December 2012
Assets$451.55 million
Equity Capital$48.84 million
Loan Loss Allowance$7.81 million
Unbacked Noncurrent Loans$4.36 million
Real Estate Owned$96,000
Profit Margin - Quarterly
Net Interest Margin5.57%
Return on Assets0.71%
Return on Equity6.7%
Interest Income$18.74 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Insight Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Insight Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
3.00%$100$10kSummer Serenity Savings
0.30%--Grow Green Savings
0.25%$100-IRA Savings
0.25%$100-Roth IRA Savings
0.25%$100-CESA Savings
0.20%$100-Regular Share

Insight Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.30%$100k-Money Market Account

Insight Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
1.25%-$15kIncentive Checking
0.15%$1k-Seniority Status Checking
0.05%--Incentive Checking

Insight Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.45%$1m-60 Month Millionaire Certificate
1.35%$100k-60 Month Jumbo Certificate
1.25%$5k-60 Month Regular Certificate
1.00%$1m-48 Month Millionaire Certificate
0.90%$100k-48 Month Jumbo Certificate
0.80%$1k-48 Month Regular Certificate
0.70%$1m-36 Month Millionaire Certificate
0.60%$100k-36 Month Jumbo Certificate
0.60%$1m-24 Month Millionaire Certificate
0.50%$1k-36 Month Regular Certificate
0.50%$100k-24 Month Jumbo Certificate
0.50%$1m-12 Month Millionaire Certificate
0.40%$1k-24 Month Regular Certificate
0.40%$100k-12 Month Jumbo Certificate
0.40%$1m-6 Month Millionaire Certificate
0.30%$1k-12 Month Regular Certificate
0.30%$100k-6 Month Jumbo Certificate
0.30%$1m-3 Month Millionaire Certificate
0.20%$1k-6 Month Regular Certificate
0.20%$100k-3 Month Jumbo Certificate
0.10%$1k-3 Month Regular Certificate

Insight Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.45%$1m-60 Month Millionaire IRA Certificate (Traditional,Roth,CESA)
1.35%$100k-60 Month Jumbo IRA Certificate (Traditional,Roth,CESA)
1.25%$1k-60 Month Regular IRA Certificate (Traditional,Roth,CESA)
1.00%$1m-48 Month Millionaire IRA Certificate (Traditional,Roth,CESA)
0.90%$100k-48 Month Jumbo IRA Certificate (Traditional,Roth,CESA)
0.80%$1k-48 Month Regular IRA Certificate (Traditional,Roth,CESA)
0.70%$1m-36 Month Millionaire IRA Certificate (Traditional,Roth,CESA)
0.60%$1m-24 Month Millionaire IRA Certificate (Traditional,Roth,CESA)
0.60%$100k-36 Month Jumbo IRA Certificate (Traditional,Roth,CESA)
0.50%$1m-12 Month Millionaire IRA Certificate (Traditional,Roth,CESA)
0.50%$100k-24 Month Jumbo IRA Certificate (Traditional,Roth,CESA)
0.50%$1k-36 Month Regular IRA Certificate (Traditional,Roth,CESA)
0.40%$1m-6 Month Millionaire IRA Certificate (Traditional,Roth,CESA)
0.40%$100k-12 Month Jumbo IRA Certificate (Traditional,Roth,CESA)
0.40%$1k-24 Month Regular IRA Certificate (Traditional,Roth,CESA)
0.30%$1m-3 Month Millionaire IRA Certificate (Traditional,Roth,CESA)
0.30%$100k-6 Month Jumbo IRA Certificate (Traditional,Roth,CESA)
0.30%$1k-12 Month Regular IRA Certificate (Traditional,Roth,CESA)
0.20%$100k-3 Month Jumbo IRA Certificate (Traditional,Roth,CESA)
0.20%$1k-6 Month Regular IRA Certificate (Traditional,Roth,CESA)
0.10%$1k-3 Month Regular IRA Certificate (Traditional,Roth,CESA)
Locations

Insight Credit Union has 16 locations. Click to view all Insight Credit Union locations.