Overview / Commentary
1000 Primera Blvd
Lake Mary, FL 32746

Central Florida Educators Federal Credit Union is headquartered in Lake Mary and is the 9th largest credit union in the state of Florida. It is also the 139th largest credit union in the nation. It was established in 1937 and as of September of 2018, it had grown to 450 employees and 159,526 members at 23 locations. Central Florida Educators Federal Credit Union's money market rates are 14% higher than the national average, and it has an A health rating.

Field of Membership Restrictions

Membership in CFE Federal Credit Union is open to those who live, work, worship, volunteer, or attend school in Orange, Osceola, Seminole, or Lake Counties in Florida.
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I've been with them for years! Love them!

Posted by: Kismet83 | Jan 4, 2017

I really do enjoy using their services. The deposits are quick and available during the same day, usually. The Bill Pay portion is really great. I lost my debit card once and a quick visit to the branch gave me a new card within 10 minute. The customer service has always been really great and no issue has gone unresolved. I had an issue with fraud and they were not only able to stop further actions on my account, but they also created a new account for me. This saved me a lot of frustrations and anxiety. The only issue I would say is that their Non Sufficient Fees are a bit steep and they will constantly hit you with them if they occur on the same day. Sometimes they do not credit them and other times they do.

Helped Even After Years

I've had this CFE card since I was in high school, I got it through my high school's CFE branch. I used it as a checkings account. It was quite easy at the time, since I went to high school every day, I could put deposits into it at the branch right on my campus. I rated this as a 5 in customer service because there was a point when I went to university and I hadn't used to card in several years. I had forgotten every code and password, and I called the customer service. The woman on the phone helped me for a long time to figure out how to get access to my account. She was extremely helpful and patient. Turns out there was only about $30 left in the card, but it was helpful all the same.

Not So Great

CFE Federal Credit Union is, in my opinion, a below average CU. It doesn't seem to be interested in making the lives of its customers easier or taking a step into the future. I have added and now deleted the app on my phone because it was slow, and unhelpful when I was trying to complete money transfers and deposits. Their whole website could also use a huge upgrade and become more user friendly. It takes me 15 minutes or more each time I login just to find what I need. We swapped to this CU from Regions due to their "lower" checking account fees. They also have a good children's savings program that Regions did not have. The children's savings is the only part that I would say that I like about this CU and even then it's not as great as I thought it would be. Everything about this CU is sub-par in my experiences and opinion.

Happy customer for 10+ years!

Posted by: RaebeaR | Nov 30, 2016

My very first account with CFE FCU was opened for me when I was little by my mother. Both of my parents also have CFE accounts so when it was time for my brother and I to open Savings Accounts, that's where they went. Of course I had very little interactions with my bank at first but once I started working, I was actually MY account. Since then, I've opened a Joint Checking Account and also a Shared Savings account. Of all banks I've had experience with (personal and professional) CFE FCU, is by far, my most satisfying. Not only at a branch but I've also called customer service multiple times and I've also become very familiar with their online and mobile banking. All highly recommended!!



Health Grade Components

NCUA #1976
Year Chartered1937
Primary Regulator
Profit Margin
Return on Assets - YTD0.94%
Return on Equity - YTD9.48%
Annual Interest Income$47.3MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$1.87B$1.80B
LoansQ3 2018vs Q3 2017$1.11B$960.8MM
DepositsQ3 2018vs Q3 2017$1.63B$1.59B
Equity CapitalQ3 2018vs Q3 2017$184.7MM$188.9MM
Loan Loss AllowanceQ3 2018vs Q3 2017$11.5MM$13.1MM
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$2.8MM$4.2MM
Real Estate OwnedQ3 2018vs Q3 2017$0$363.00K
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Always verify rates and promotions with the bank or credit union. We are not Central Florida Educators Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Central Florida Educators Federal Credit Union Savings Account Rates

0.40%$50-Health Savings Accounts
0.40%--IRA Savings Account
0.15%$50-Share (Savings)
0.15%$50-Holiday Share
0.15%$50-Summer Share
0.15%$50-Fun Share
0.15%$50-Business Share Savings
0.15%$50-Business Member Share

Central Florida Educators Federal Credit Union Money Market Rates

0.50%*$1m*-Insured Money Market
OTHER TIERS: 0.20% $1k - $50k | 0.25% $50k - $100k | 0.30% $100k - $1m
0.40%*$100k*-Business Insured Money Market
OTHER TIERS: 0.20% $1k - $25k | 0.25% $25k - $50k | 0.30% $50k - $75k | 0.35% $75k - $100k

Central Florida Educators Federal Credit Union Checking Account Rates

0.50%$50k-Business Non-Profit Checking
0.25%$25k-Business Enterprise Checking

Central Florida Educators Federal Credit Union CD Rates

2.07%$1k-60 Month Certificate
1.76%$1k-48-59 Month Certificate
1.51%$1k-36-47 Month Certificate
1.31%$1k-24-29 Month Certificate
1.31%$1k-30-35 Month Certificate
0.80%$1k-12-23 Month Certificate
0.55%$1k-6-11 Month Certificate
0.35%$5-6 Month Savings Builder Share Certificate
0.20%$1k-3-5 Month Certificate

Central Florida Educators Federal Credit Union IRA Rates

2.07%$1k-60 Month IRA Certificate
1.76%$1k-48-59 Month IRA Certificate
1.51%$1k-36-47 Month IRA Certificate
1.31%$1k-24-29 Month IRA Certificate
1.31%$1k-30-35 Month IRA Certificate
0.80%$1k-12-23 Month IRA Certificate
0.55%$1k-6-11 Month IRA Certificate
0.35%$5-6 Month Savings Builder IRA Share Certificate
0.20%$1k-3-5 Month IRA Certificate


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