Gulf Winds Federal Credit Union is headquartered in Pensacola and is the 26th largest credit union in the state of Florida. It is also the 417th largest credit union in the nation. It was established in 1954 and as of September of 2020, it had grown to 206 employees and 73,775 members at 12 locations. Gulf Winds Federal Credit Union has an A health rating.
Field of Membership Restrictions
Gulf Winds Federal Credit Union offers membership to those who work, worship, attends school and lives in Gadsden, Escambia, Jefferson, Leon, Santa Rosa and Wakulla Counties, Florida or Escambia County, Alabama; business or other legal entities located in the above mentioned counties; as,well as, employees, churches and members of the African Methodist Episcopal churches within the Florida Annual Conference.
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Gulf Winds Don't Blow
Gulf Winds Credit Union is a local focused credit union with a rather professional and up to date offering of services. They have a majority if the services larger banks offer all with a small company approach of service. For the most part there is little to complain about. Great rates on financing and somewhat competitive savings options. All in all a very good, locally grown, person focused company.
Data as of Q3 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68694 |
| Year Chartered | 1954 |
| Employees | 206 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.31% |
| Return on Equity - YTD | 3.02% |
| Annual Interest Income | $21.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2020vs Q3 2019 | $861.2MM$700.4MM |
| Loans | Q3 2020vs Q3 2019 | $518.9MM$490.6MM |
| Deposits | Q3 2020vs Q3 2019 | $765.0MM$602.8MM |
| Equity Capital | Q3 2020vs Q3 2019 | $86.1MM$83.3MM |
| Loan Loss Allowance | Q3 2020vs Q3 2019 | $5.2MM$3.7MM |
| Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $2.8MM$1.9MM |
| Real Estate Owned | Q3 2020vs Q3 2019 | $0$0 |
