First Commerce Credit Union is headquartered in Tallahassee and is the 25th largest credit union in the state of Florida. It is also the 422nd largest credit union in the nation. It was established in 1940 and as of September of 2022, it had grown to 189 employees and 67,190 members at 14 locations. First Commerce Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership in First Commerce Credit Union is open to those who live or work in the Florida counties of Baker, Calhoun, Columbia, Dixie, Franklin, Gadsden, Gilchrist, Gulf, Hamilton, Holmes, Jackson, Jefferson, Lafayette, Leon, Liberty, Madison, Suwannee, Taylor, Wakula, Walton, or Washington, or the Georgia counties of Atkinson, Berrien, Brooks, Clinch, Colquitt, Cook, Lanier, Lowndes, Thomas, or Tift. Individuals who live in select Florida and Georgia Counties who join the First Commerce Credit Union Foundation also qualify for membership.
See current membership details
The Best Credit Union, EVER!
I first became a member of the FCCU family when I applied for financing for a car loan through First Commerce. They approved me and gave me a loan that fit my needs perfectly. The interest rate is not too high, the payments are low, it can't get any better. After I became a member in order to receive the loan, I decided to open a savings account with them, too. I love my savings account! It is incredibly easy to transfer money to it and to set up direct deposit with my employer. After I realized how incredible their banking system was, I also opened up a checking account. I have never been this happy with my banking system, EVER!
FCCU Hurts Me, Not Helps Me! :(
This Credit Union and app are absolutely horrible!!! I'll change this if they ever shape up, they have been very cold to me, and the app will cancel transactions after time, then give you funds back, so you spend it not noticing, and then the company hita again and you overdraft! Absolutely rediculous! They have taken so much money from me through this little 'issue', and will not refund the majority of it. Im having to Lyft and miss time from family to dig out. :( Thank God I can do that!
Data as of Q3 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68301 |
| Year Chartered | 1940 |
| Employees | 189 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.9% |
| Return on Equity - YTD | 12.65% |
| Annual Interest Income | $25.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $992.1MM$964.9MM |
| Loans | Q3 2022vs Q3 2021 | $705.9MM$644.4MM |
| Deposits | Q3 2022vs Q3 2021 | $888.0MM$861.9MM |
| Equity Capital | Q3 2022vs Q3 2021 | $70.1MM$83.5MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $0$6.6MM |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $3.7MM$2.7MM |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$254.00K |
