Publix Employees Credit Union
Publix Employees Credit Union is headquartered in Lakeland and is the 17st largest credit union in the state of Florida. It is also the 304th largest credit union in the nation. It was established in 1978 and as of March of 2014, it had grown to 225 employees and 126,126 members. Publix Employees Credit Union's savings rates are 2X the national average, and it boasts a A+ health rating.
Field of Membership Restrictions
Must be a retired or current associate of Publix Super Markets, Inc. or be an employee of Crisper's Associates. - See Details
Great service and fees
They've always been generous in their rates and their flexibility. I really have enjoyed my experience with them. I got my first car with them and would do it again.
Data for Q1 2014
Institution Health
Texas Ratio
The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Publix Employees Credit Union had $2.67 million in non-current loans and owned real-estate with $94.19 million in equity and loan loss allowances on hand to cover it. This gives Publix Employees Credit Union a Texas Ratio of 2.83% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Publix Employees Credit Union experienced no significant changes from 2.70% as of March 31, 2013 to 2.83% as of March 31, 2014, resulting in a negative change of 4.93%. This indicates that the balance sheet and financial strength for Publix Employees Credit Union has had no significant changes in recent periods.
Deposit Growth
In the past year, Publix Employees Credit Union has increased its total deposits by $27.14 million, resulting in 4.39% 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 Publix Employees Credit Union has shown is excellent.
Capitalization
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. Publix Employees Credit Union has $742.72 million in assets with $94.19 million in equity, resulting in a capitalization level of 12.68%, which is excellent.
Institution Statistics
| Overall | |
|---|---|
| NCUA # | 23020 |
| Year Chartered | 1978 |
| Employees | 225 |
| Primary Regulator |
| Assets and Liabilities | |
|---|---|
| Assets | $742.72 million |
| Loans | $318.96 million |
| Deposits | $645.75 million |
| Equity Capital | $89.08 million |
| Loan Loss Allowance | $5.11 million |
| Unbacked Noncurrent Loans | $2.67 million |
| Real Estate Owned | $0 |
| Historic Data - March 2013 | |
|---|---|
| Assets | $724.14 million |
| Equity Capital | $91.72 million |
| Loan Loss Allowance | $5.46 million |
| Unbacked Noncurrent Loans | $2.67 million |
| Real Estate Owned | $89,000 |
| Profit Margin - Quarterly | |
|---|---|
| Net Interest Margin | 1.33% |
| Return on Assets | 0.79% |
| Return on Equity | 6.55% |
| Interest Income | $6.10 million |
Always verify rates and promotions with the bank or credit union. We are not Publix Employees Credit Union, we are a rate comparison website and can not provide official rates or promotions.
Publix Employees Credit Union Savings Account Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 1.26% | - | - | Base IRA Club | |
| 1.26% | - | - | Base Roth IRA Club | |
| 1.26% | - | - | Base CESA Club | |
| 0.50% | $50 | - | Base Share | |
| 0.50% | - | - | Special Clubs |
Publix Employees Credit Union Money Market Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 0.60% | $1k | - | Money Market |
Publix Employees Credit Union CD Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 1.51% | $1k | - | 5 Year CD | |
| 1.51% | $100k | - | 5 Year Jumbo CD | |
| 1.21% | $1k | - | 4 Year CD | |
| 1.21% | $100k | - | 4 Year Jumbo CD | |
| 1.10% | $1k | - | 3 Year CD | |
| 1.10% | $100k | - | 3 Year Jumbo CD | |
| 0.80% | $1k | - | 2 Year CD | |
| 0.80% | $100k | - | 2 Year Jumbo CD | |
| 0.60% | $100 | - | Youth CD | |
| 0.60% | $1k | - | 1 Year CD | |
| 0.60% | $100k | - | 1 Year Jumbo CD | |
| 0.40% | $500 | - | 6 Month CD | |
| 0.40% | $100k | - | 6 Month Jumbo CD |
Publix Employees Credit Union IRA Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 1.51% | $100k | - | 5 Year IRA | |
| 1.51% | $1k | - | 5 Year Jumbo IRA | |
| 1.21% | $1k | - | 4 Year IRA | |
| 1.21% | $100k | - | 4 Year Jumbo IRA | |
| 1.10% | $1k | - | 3 Year IRA | |
| 1.10% | $100k | - | 3 Year Jumbo IRA | |
| 0.80% | $1k | - | 2 Year IRA | |
| 0.80% | $100k | - | 2 Year Jumbo IRA | |
| 0.60% | $1k | - | 1 Year IRA | |
| 0.60% | $100k | - | 1 Year Jumbo IRA | |
| 0.40% | $500 | - | 6 Month IRA | |
| 0.40% | $100k | - | 6 Month Jumbo IRA |
| Publix Employees Credit Union Locations | ||
|---|---|---|
| Branch Office | 3005 New Tampa Hwy | Lakeland, FL 33815-3468 |
| Branch Office | 219 N University Dr | Pembroke Pines, FL 33024-6715 |
| Branch Office | 9846 Glades Rd | Boca Raton, FL 334343917 |
| Branch Office | 834 Southern Blvd | West Palm Beach, FL 334052530 |
| Branch Office | 3430 Clark Rd | Sarasota, FL 34231 |
| Branch Office | 59 S Peachtree St | Norcross, GA 30071 |
| Branch Office | 101 Bell Tel Way | Jacksonville, FL 32216 |
| Branch Office | 482 E Altamonte Dr Ste 1010 | Altamonte Springs, FL 32701-4604 |