We Florida Financial


Overview / Commentary
954-745-2400
1982 N State Road 7
Margate, FL 33063

We Florida Financial is headquartered in Margate and is the 32nd largest credit union in the state of Florida. It is also the 549th largest credit union in the nation. It was established in 1953 and as of June of 2022, it had grown to 152 employees and 41,257 members at 7 locations. We Florida Financial has a B+ health rating.

Field of Membership Restrictions

Membership is open to those who live or work in Palm Beach, Broward, Miami-Dade, Alachua, Baker, Bradford, Brevard, Citrus, Clay, Collier, Columbia, DeSoto, Dixie, Duval, Flagler, Gilchrist, Glades, Hardee, Charlotte, Hernando, Highlands, Hillsborough, Indian River, Lake, Lee, Levy, Manatee, Marion, Martin, Monroe, Nassau, Okeechobee, Hendry, Orange, Osceola, Pasco, Pinellas, Polk, Putnam, Sarasota, Seminole, St. Johns, St. Lucie, Sumter, Union or Volusia Counties in Florida.
See current membership details

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Health
B+

Health Grade Components

Overall
NCUA #61525
Year Chartered1953
Employees152
Primary Regulator
Profit Margin
Return on Assets - YTD2.45%
Return on Equity - YTD29.98%
Annual Interest Income$9.5MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$732.0MM$641.5MM
LoansQ2 2022vs Q2 2021$562.8MM$415.5MM
DepositsQ2 2022vs Q2 2021$639.6MM$583.4MM
Equity CapitalQ2 2022vs Q2 2021$57.0MM$54.9MM
Loan Loss AllowanceQ2 2022vs Q2 2021$3.3MM$3.0MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$2.9MM$1.8MM
Real Estate OwnedQ2 2022vs Q2 2021$0$0
Rates

Rates for We Florida Financial are currently being reviewed.

Locations


We Florida Financial Locations
Branch Office8890 NW 44th StSunrise, FL 33351
Branch Office1982 N State Road 7Margate, FL 33063
Branch Office6079 W Oakland Park BlvdLauderhill, FL 33313
Branch Office634 NE 3rd AveFort Lauderdale, FL 33304
Branch Office9560 Pines BlvdPembroke Pines, FL 33024
Branch Office680 NE 124th StNorth Miami, FL 33161-5548
Branch Office4300 Alton RdMiami Beach, FL 33140-2948

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