Florida Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 2.90% | 3-year CD | 2.85% - Barclays 36 Month Online CD |
| 2.90% | 3-year IRA | 1.87% - National Average |
| 2.40% | 18-month CD | 1.61% - National Average |
Florida Credit Union is headquartered in Gainesville and is the 17th largest credit union in the state of Florida. It is also the 276th largest credit union in the nation. It was established in 1954 and as of December of 2018, it had grown to 260 employees and 102,978 members at 13 locations. Florida Credit Union's money market rates are 5X the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in Florida Credit Union is open to those who live or work in Alachua, Baker, Bradford, Citrus, Clay, Columbia, Dixie, Duval, Flagler, Gilchrist, Hamilton, Hernando, Jefferson, Lafayette, Lake, Leon,Levy, Madison, Marion, Nassau, Orange, Pasco, Polk, Putnam, Seminole, St. Johns, Sumter, Suwannee, Taylor, Union, Volusia Counties in Florida.
See current membership details
Related Posts
2/8 - Florida Credit Union Ups 15-Month CD Special Rate
Florida Credit Union is the way to go!
I was hesitant about using a credit union as I had never had experience with one. I was worried that they were going to try to suck me in with credit offers all the time. I was wrong! They are always trying cut my costs down and save me money! They are local so they can offer me things big banks can't. They are so competitive it really makes you understand how the bigger companies are ripping individuals off. My only semi-complaint is that they aren't as technology based as some of the bigger credit unions and banks. Meaning direct deposits and assistance is a little slower than I would like them to be. If you take that out of the equation I would rate them 100/100 possible points!
Decent bank
This was my first experience ever with a credit union. I was very surprised because I do not have decent credit, but they allowed me to open an account right away with very little hassle. I was in and out in 30 minutes when opening my first account. Every transaction with them was very pleasant. The location near me did not have a drive-through, but going inside there were numerous teller spots and every transaction I made inside was usually pretty quick. The mobile app was a little bit limited (when I used it last), but I'm hoping it has advanced now. This is what brought me to credit unions and will keep me with them for a long time. I was much more satisfied with using a credit union than I had ever been with a bank, and it surprised me very much. The costs for the products were very reasonable - I had a free checking and savings account (the savings account needed a $5 minimum), and got a free debit card with them as well. The debit cards were produced at the facility, so there was never any waiting to get one. Unfortunately their debit cards were cheap, and I needed to replace mine every 2 or 3 months due to it not working anymore. The employees were always friendly and waiting in the lobby was usually pretty quick. I would highly recommend this location in the future to just about anyone looking for a local banking institute.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 60497 |
| Year Chartered | 1954 |
| Employees | 260 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.42% |
| Return on Equity - YTD | 13.63% |
| Annual Interest Income | $53.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $1.11B$975.2MM |
| Loans | Q4 2018vs Q4 2017 | $972.9MM$849.2MM |
| Deposits | Q4 2018vs Q4 2017 | $964.4MM$842.7MM |
| Equity Capital | Q4 2018vs Q4 2017 | $114.8MM$99.1MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $8.7MM$8.0MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $5.4MM$4.3MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $166.00K$251.00K |
Always verify rates and promotions with the bank or credit union. We are not Florida 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.
Florida Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.40% | - | - | IRA Savings | |
| 0.10% | $500 | - | Regular Savings | |
| 0.10% | $500 | - | Special Savings | |
| 0.10% | - | - | Youth Savings | |
| 0.10% | - | - | Vacation Club Savings | |
| 0.10% | - | - | Holiday Club Savings |
Florida Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.20%* | $5m* | - | Money Market Special | ||
| OTHER TIERS: 0.15% → $10k - $25k | 0.20% → $25k - $50k | 1.25% → $50k - $2m | 1.75% → $2m - $5m | |||||
| 1.25%* | $50k* | $5m | Business Money Market Special | ||
| OTHER TIERS: 0.15% → $10k+ | 0.20% → $25k - $50k | |||||
| 0.55%* | $100k* | - | Business Money Market Account | ||
| OTHER TIERS: 0.25% → $2.5k - $10k | 0.30% → $10k - $25k | 0.35% → $25k - $40k | 0.45% → $40k - $100k | |||||
| 0.40%* | $100k* | - | Money Market Account | ||
| OTHER TIERS: 0.10% → $2.5k - $10k | 0.15% → $10k - $25k | 0.20% → $25k - $40k | 0.30% → $40k - $100k | |||||
| 0.40%* | $100k* | - | Money Market Plus | ||
| OTHER TIERS: 0.30% → $50k - $100k | |||||
| 0.40%* | $100k* | $250k | Money Market Advantage | ||
| OTHER TIERS: 0.30% → $65k - $100k | |||||
Florida Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.25%* | $2m* | $5m | Business Interest-Bearing Checking | ||
| OTHER TIERS: 0.15% → $5m+ | 0.50% → $10k - $25k | 0.75% → $25k - $50k | 1.75% → $50k - $1m | 2.00% → $1m - $2m | |||||
| 1.50%* | $50k* | $5m | Interest-Bearing Checking | ||
| OTHER TIERS: 0.15% → $5m+ | 0.50% → $10k - $25k | 0.75% → $25k - $50k | |||||
Florida Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.90% | $5k | - | 37 Month CD Special | |
| 2.75% | $10k | - | 18 Month CD Special | |
| 2.75% | $5k | - | 26 Month CD Special | |
| 2.40% | $5k | - | 15 Month CD Special | |
| 2.35% | $5k | - | 13 Month CD Special | |
| 2.30% | $5k | - | 9 Month CD Special | |
| 2.25% | $2k | - | 48 Month CD | |
| 2.10% | $2k | - | 36 Month CD | |
| 2.01% | $10k | - | 65 Month CD Special | |
| 1.81% | $2k | - | 24 Month CD | |
| 1.65% | $2k | - | 18 Month CD | |
| 1.48% | $2k | - | 60 Month CD | |
| 1.35% | $2k | - | 12 Month CD | |
| 0.37% | $1k | - | 6 Month CD |
Florida Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.90% | $5k | - | 37 Month IRA Special | |
| 2.75% | $10k | - | 18 Month IRA Special | |
| 2.75% | $5k | - | 26 Month IRA Special | |
| 2.40% | $5k | - | 15 Month IRA Special | |
| 2.35% | $5k | - | 13 Month IRA Special | |
| 2.30% | $5k | - | 9 Month IRA Special | |
| 2.25% | $2k | - | 48 Month IRA | |
| 2.10% | $2k | - | 36 Month IRA | |
| 2.01% | $10k | - | 65 Month IRA Special | |
| 1.81% | $2k | - | 24 Month IRA | |
| 1.65% | $2k | - | 18 Month IRA | |
| 1.48% | $2k | - | 60 Month IRA | |
| 1.35% | $2k | - | 12 Month IRA | |
| 0.37% | $1k | - | 6 Month IRA |
