Florida Rural Electric Credit Union is headquartered in Tallahassee and is the 102nd largest credit union in the state of Florida. It is also the 2,915th largest credit union in the nation. It was established in 1991 and as of December of 2018, it had grown to 7 employees and 3,702 members at 2 locations. Florida Rural Electric Credit Union's CD rates are 44% higher than the national average, and it has a B+ health rating.
Field of Membership Restrictions
Florida Rural Electric Credit Union in Tallahassee is open to the current and past affiliated cooperative companies, along with the employees and members of the Florida Electric Cooperative and their family members.
See current membership details
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 67561 |
| Year Chartered | 1991 |
| Employees | 7 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.12% |
| Return on Equity - YTD | 0.6% |
| Annual Interest Income | $1.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $29.0MM$29.2MM |
| Loans | Q4 2018vs Q4 2017 | $18.2MM$16.8MM |
| Deposits | Q4 2018vs Q4 2017 | $23.1MM$23.2MM |
| Equity Capital | Q4 2018vs Q4 2017 | $5.9MM$5.9MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $54.00K$52.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $60.00K$63.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Florida Rural Electric Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
Florida Rural Electric Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.65% | $20 | - | IRA Accumulation Account | |
| 0.27% | $15 | - | Membership Share Savings Account | |
| 0.27% | - | - | Christmas Share Savings Account |
Florida Rural Electric Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.27% | - | - | Share Draft Checking Account | |
| 0.27% | - | - | Differential Share Draft Checking Account |
Florida Rural Electric Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.95% | $500 | - | 36 Month CD | |
| 1.75% | $500 | - | 30 Month CD | |
| 1.65% | $500 | - | 24 Month CD | |
| 1.45% | $500 | - | 18 Month CD | |
| 1.30% | $5k | - | 12 Month CD - Monthly Dividends | |
| 1.30% | $500 | - | 12 Month CD | |
| 0.80% | $500 | - | 6 Month CD |
Florida Rural Electric Credit Union IRA Rates
| Florida Rural Electric Credit Union Locations | ||
|---|---|---|
| Branch Office | 2916 Apalachee Pkwy | Tallahassee, FL 32301-3731 |
| Branch Office | 7433 State Road 21 | KEYSTONE HEIGHTS, FL 32656-9301 |