Florida Credit Union

Overview / Commentary
1615 NW 80th Blvd
Gainesville, FL 32606

Florida Credit Union is headquartered in Gainesville and is the 16th largest credit union in the state of Florida. It is also the 246th largest credit union in the nation. It was established in 1954 and as of September of 2022, it had grown to 294 employees and 138,530 members at 12 locations. Florida Credit Union's money market rates are 5X the national average, and it boasts 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, Brevard, Charlotte, Citrus, Clay, Columbia, De Soto, Dixie, Duval, Flagler, Gilchrist, Glades, Hamilton, Hardee, Hernando, Highlands, Hillsborough, Indian River, Jefferson, Lafayette, Lake, Lee, Leon, Levy, Madison, Manatee, Marion, Martin, Nassau, Okeechobee, Orange, Osceola, Palm Beach, Pasco, Pinellas, Polk, Putnam, Sarasota, Seminole, St. Johns, St. Lucie, Sumter, Suwannee, Taylor, Union, or Volusia Counties in Florida.
See current membership details

Reviews (4)

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.

Was Great Until The Removed Credit Card Payment To Build Credit

Posted by: |

Loved them until the removed the option to utilize credit card payments to build credit, purposely hindering the building of higher credit. Odd coming from a credit establishment.
Why I got my card in the first place.

Just Sad….

So I reported my debit card stolen after I realized my money was being depleted from my account. I was purposely saving money in order to handle my bills as I am not working right now. I called today to check on the status of the disputes that I made just to learn that some credit was given. I was given back $500 out of the $2000+ that was stolen from me. This opened my eyes and made me see that this bank really doesn’t care about me as a customer. I’m just sad because now my daughter and my stability is compromised. At least the CSR were very nice and helpful.


Health Grade Components

NCUA #60497
Year Chartered1954
Primary Regulator
Profit Margin
Return on Assets - YTD1.93%
Return on Equity - YTD16.87%
Annual Interest Income$56.6MM
Assets and Liabilities
AssetsQ3 2022vs Q3 2021$1.91B$1.73B
LoansQ3 2022vs Q3 2021$1.51B$1.34B
DepositsQ3 2022vs Q3 2021$1.63B$1.47B
Equity CapitalQ3 2022vs Q3 2021$217.2MM$180.0MM
Loan Loss AllowanceQ3 2022vs Q3 2021$15.1MM$15.8MM
Unbacked Noncurrent LoansQ3 2022vs Q3 2021$6.8MM$3.2MM
Real Estate OwnedQ3 2022vs Q3 2021$0$157.00K
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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

2.00%*-$750Youth Savings
OTHER TIERS: 0.05% $750+
0.50%--IRA Savings
0.15%$500-Regular Savings
0.05%$500-Special Savings
0.05%--Vacation Club Savings
0.05%--Holiday Club Savings

Florida Credit Union Money Market Rates

2.00%*$2m*$5mMoney Market Account
OTHER TIERS: 0.02% $5m+ | 1.25% $2.5k - $25k | 1.45% $25k - $40k | 1.55% $40k - $100k | 1.75% $100k - $2m
2.00%*$1m*-Money Market Special
OTHER TIERS: 1.25% $2.5k - $25k | 1.45% $25k - $50k | 1.55% $50k - $100k | 1.75% $100k - $1m
2.00%*$1m*-Business Money Market Special
OTHER TIERS: 1.25% $2.5k - $25k | 1.45% $25k - $50k | 1.55% $50k - $100k | 1.75% $100k - $1m
0.50%*$100k*$5mBusiness Money Market Account
OTHER TIERS: 0.02% $2.5k+ | 0.25% $10k - $100k
0.50%*$100k*$5mMoney Market Plus
OTHER TIERS: 0.02% $5m+ | 0.25% $50k - $100k
0.50%*$100k*$5mMoney Market Advantage
OTHER TIERS: 0.02% $5m+ | 0.25% $65k - $100k

Florida Credit Union Checking Account Rates

3.00%*$1m*-Interest-Bearing Checking
OTHER TIERS: 2.00% $10k - $25k | 2.25% $25k - $50k | 2.40% $50k - $100k | 2.65% $100k - $1m
3.00%*$1m*-Business Interest-Bearing Checking
OTHER TIERS: 2.00% $10k - $25k | 2.25% $25k - $50k | 2.40% $50k - $100k | 2.65% $100k - $1m
3.00%*$1m*-IOTA Account
OTHER TIERS: 2.00% $10k - $25k | 2.25% $25k - $50k | 2.40% $50k - $100k | 2.65% $100k - $1m

Florida Credit Union CD Rates

4.35%$100k-13 Month Special Jumbo CD
4.30%$5k-13 Month CD Special
4.25%$5k-9 Month CD Special
4.25%$100k-18 Month Jumbo CD Special
4.20%$5k-18 Month CD Special
4.05%$100k-26 Month Jumbo CD Special
4.00%$5k-26 Month CD Special
4.00%$5k-37 Month CD Special
3.65%$100k-48 Month Jumbo CD Special
3.60%$10k-65 Month CD Special
3.60%$10k-48 Month CD Special
3.50%$2k-18 Month CD
3.25%$2k-12 Month CD
3.00%$2k-24 Month CD
3.00%$2k-36 Month CD
3.00%$2k-48 Month CD
3.00%$2k-60 Month CD
2.50%$1k-6 Month CD

Florida Credit Union IRA Rates

4.35%$100k-13 Month Special Jumbo IRA
4.30%$5k-13 Month IRA Special
4.25%$5k-9 Month IRA Special
4.25%$100k-18 Month Jumbo IRA Special
4.20%$5k-18 Month IRA Special
4.05%$100k-26 Month Jumbo IRA Special
4.00%$5k-26 Month IRA Special
4.00%$5k-37 Month IRA Special
3.65%$100k-48 Month Jumbo IRA Special
3.60%$10k-65 Month IRA Special
3.60%$10k-48 Month IRA Special
3.50%$2k-18 Month IRA
3.25%$2k-12 Month IRA
3.00%$2k-24 Month IRA
3.00%$2k-36 Month IRA
3.00%$2k-48 Month IRA
3.00%$2k-60 Month IRA
2.50%$1k-6 Month IRA


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