Florida Rural Electric Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
0.60%	1-year CD	12 Month CD 1.50% - Goldman Sachs Bank USA 12 Month CD
0.20%	Savings	Membership Share Savings Account 1.35% - CIT Bank Premier High Yield Savings
0.90%	3-year CD	36 Month CD 1.85% - Synchrony Bank 36 Month CD

View all Florida Rural Electric Credit Union rates »

Overview / Commentary

www.frecu.org

850-877-6168

2916 Apalachee Pkwy
Tallahassee, FL 32301-3731

Florida Rural Electric Credit Union is headquartered in Tallahassee and is the 103^rd largest credit union in the state of Florida. It is also the 2,959^th largest credit union in the nation. It was established in 1991 and as of June of 2017, it had grown to 8 employees and 3,751 members at 2 locations. Florida Rural Electric Credit Union 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

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Health

B+

Data as of Q2 2017

Learn why bank health matters

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Florida Rural Electric Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #	67561
Year Chartered	1991
Employees	8
Primary Regulator

Profit Margin
Return on Assets - YTD	-0.2%
Return on Equity - YTD	-1.02%
Annual Interest Income	$482.00K

Assets and Liabilities
Assets	Q2 2017vs Q2 2016	$29.5MM$28.4MM
Loans	Q2 2017vs Q2 2016	$16.2MM$15.7MM
Deposits	Q2 2017vs Q2 2016	$23.6MM$22.5MM
Equity Capital	Q2 2017vs Q2 2016	$5.9MM$5.9MM
Loan Loss Allowance	Q2 2017vs Q2 2016	$52.00K$75.00K
Unbacked Noncurrent Loans	Q2 2017vs Q2 2016	$63.00K$50.00K
Real Estate Owned	Q2 2017vs Q2 2016	$0$13.00K

Rates

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Checking
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Florida Rural Electric Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.65%	$20	-	IRA Accumulation Account
0.20%	$15	-	Membership Share Savings Account
0.20%	-	-	Christmas Share Savings Account

Florida Rural Electric Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.20%	-	-	Share Draft Checking Account
0.20%	-	-	Differential Share Draft Checking Account

Florida Rural Electric Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.90%	$500	-	30 Month CD
0.90%	$500	-	36 Month CD
0.75%	$500	-	18 Month CD
0.75%	$500	-	24 Month CD
0.60%	$5k	-	12 Month CD - Monthly Dividends
0.60%	$500	-	6 Month CD
0.60%	$500	-	12 Month CD

Florida Rural Electric Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.90%	$500	-	30 Month IRA CD
0.90%	$500	-	36 Month IRA CD
0.75%	$500	-	18 Month IRA CD
0.75%	$500	-	24 Month IRA CD
0.60%	$5k	-	12 Month IRA CD - Monthly Dividends
0.60%	$500	-	6 Month IRA CD
0.60%	$500	-	12 Month IRA CD

Locations

Florida Rural Electric Credit Union Locations
Branch Office	2916 Apalachee Pkwy	Tallahassee, FL 32301-3731
Branch Office	55 SW CITRUS AVE	KEYSTONE HEIGHTS, FL 32656-9515