Launch Credit Union


Overview / Commentary
321-455-9400
300 S Plumosa St
Merritt Island, FL 32952

Launch Credit Union is headquartered in Merritt Island and is the 19th largest credit union in the state of Florida. It is also the 330th largest credit union in the nation. It was established in 1963 and as of March of 2025, it had grown to 307 employees and 85,017 members at 20 locations. Launch Credit Union has an A health rating.

Field of Membership Restrictions

Launch Credit Union is open to anyone who lives, works, worships, or attends school in the Florida counties of Brevard, Flagler, Osceola, Orange, Seminole or Volusia. Immediate family of existing Launch Credit Union members are also eligible to join.
See current membership details

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Health

Health Grade Components

Overall
NCUA #68716
Year Chartered1963
Employees307
Primary Regulator
Profit Margin
Return on Assets - YTD0.2%
Return on Equity - YTD2.31%
Annual Interest Income$17.3MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$1.44B$1.4B
LoansQ1 2025vs Q1 2024$1.06B$1.13B
DepositsQ1 2025vs Q1 2024$1.18B$1.15B
Equity CapitalQ1 2025vs Q1 2024$125.2MM$121.2MM
Loan Loss AllowanceQ1 2025vs Q1 2024$7.3MM$8.3MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$2.6MM$2.6MM
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

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Locations

Availability



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