Overview / Commentary
City & Police Federal Credit Union is headquartered in Jacksonville and is the 72nd largest credit union in the state of Florida. It is also the 1,847th largest credit union in the nation. It was established in 1935 and as of March of 2020, it had grown to 20 employees and 6,393 members at 5 locations. City & Police Federal Credit Union's money market rates are 36% higher than the national average, and it has an A health rating.
Field of Membership Restrictions
Membership is open to employees of the Jacksonville Sheriff's Office, Jacksonville Port Authority Police, or Florida Highway Patrol and other select government agencies working in Duval, Clay, Nassau and St. Johns Counties, Florida.
See current membership details
Health
A
Data as of Q1 2020
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. City & Police Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 24479 |
| Year Chartered | 1935 |
| Employees | 20 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -1.1% |
| Return on Equity - YTD | -10.98% |
| Annual Interest Income | $435.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2020vs Q1 2019 | $81.9MM$77.4MM |
| Loans | Q1 2020vs Q1 2019 | $42.1MM$37.5MM |
| Deposits | Q1 2020vs Q1 2019 | $73.3MM$69.8MM |
| Equity Capital | Q1 2020vs Q1 2019 | $8.1MM$7.1MM |
| Loan Loss Allowance | Q1 2020vs Q1 2019 | $223.00K$260.00K |
| Unbacked Noncurrent Loans | Q1 2020vs Q1 2019 | $454.00K$473.00K |
| Real Estate Owned | Q1 2020vs Q1 2019 | $0$233.00K |