Overview / Commentary
Everglades Federal Credit Union is headquartered in Clewiston and is the 83rd largest credit union in the state of Florida. It is also the 2,341st largest credit union in the nation. It was established in 1985 and as of March of 2025, it had grown to 16 employees and 5,419 members at 1 location. Everglades Federal Credit Union has a B health rating.
Field of Membership Restrictions
Everglades Federal Credit Union is open to those who live, work, or attend school in Glades, Hendry or western Palm Beach Counties in Florida.
See current membership details
Health
B
Data as of Q1 2025
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. Everglades Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 24204 |
| Year Chartered | 1985 |
| Employees | 16 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.12% |
| Return on Equity - YTD | 1.25% |
| Annual Interest Income | $564K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $56.2MM$58MM |
| Loans | Q1 2025vs Q1 2024 | $33.7MM$35.2MM |
| Deposits | Q1 2025vs Q1 2024 | $50.9MM$51.9MM |
| Equity Capital | Q1 2025vs Q1 2024 | $5.3MM$5.3MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $270K$277K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $41K$27K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |