My last report on this credit union was on its reward checking account. In 2007 it had started with a yield of 6% APY, but now it's down to 4% APY with a balance cap of $50K.
Membership is open to those who live, work, worship or attend school in one of the Florida Panhandle counties of Gulf, Walton, Jackson, Bay, Okaloosa, Franklin, Calhoun, Holmes, or Washington Counties. You also can be eligible via Select Employer Groups. Please refer to the credit union's Field of Membership Page for more details. Membership requires a $1 membership fee and a minimum deposit of $5 into the share savings account.
Branches are located Lynn Haven, Marianna, Mary Esther, Panama City and Port St. Joe.
The credit union has some strong financial ratings for soundness: 5 stars (superior) at BauerFinancial and 4 stars (sound) at Bankrate.com. Both are based on 6/30/08 data. The credit union is federally insured by the NCUA (Charter # 10754). It has $884.4 million in assets and 100,434 members based on 4/07/08 data.