Gold Coast Federal Credit Union
Gold Coast Federal Credit Union is headquartered in Palm Springs and is the 50th largest credit union in the state of Florida. It is also the 1,104th largest credit union in the nation. It was established in 1936 and as of December of 2024, it had grown to 62 employees and 20,804 members at 4 locations. Gold Coast Federal Credit Union has a B health rating.
Field of Membership Restrictions
Membership in Gold Coast Federal Credit Union is open to employees of any primary or secondary public, private, parochial school, college or university in the Florida counties of Okeechobee, Palm Beach County, or St. Lucie. Individuals who live, work, or worship in the Delray Beach area also qualify for membership.
See current membership details
What The Actual?
This has to be, by far the worst bank I have ever dealt with. Their incompetence is out of control. Their banking application continuously crashes at the most inconvenient times which seems to be every day for hours at a time. When I need yo see what's in my account, you can't. How can you possibly stay open and operate, if you can't even maintain a simple application. Fire your tech team and hire people that know what their doing. I am pulling my accounts, and would advise everyone else to do the same. This is absolutely pathetic.
Gold Coast Federal Credit Union
I have tried for over a year to work with their antiquated online account. It is impossible! I have spent hours and hours trying to access my account. Now they have changed the settings on my account so that I can only see my savings account and when I hit the tab for e statements I can only see my checking account up to the 15th of the previous month. I have spoken to them multiple times, sent written requests that they change this and never received a reply. Do Not Use This Bank!
Data as of Q4 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 967 |
| Year Chartered | 1936 |
| Employees | 62 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.69% |
| Return on Equity - YTD | 8.42% |
| Annual Interest Income | $9.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $256.2MM$270.7MM |
| Loans | Q4 2024vs Q4 2023 | $110.3MM$114.5MM |
| Deposits | Q4 2024vs Q4 2023 | $231.2MM$247.8MM |
| Equity Capital | Q4 2024vs Q4 2023 | $21.3MM$18.8MM |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $661K$483K |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $462K$31K |
| Real Estate Owned | Q4 2024vs Q4 2023 | $0$0 |