Gulf Winds Federal Credit Union
Gulf Winds Federal Credit Union is headquartered in Pensacola and is the 24th largest credit union in the state of Florida. It is also the 414th largest credit union in the nation. It was established in 1954 and as of September of 2022, it had grown to 223 employees and 79,572 members at 12 locations. Gulf Winds Federal Credit Union has a B+ 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.
See current membership details
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 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68694 |
| Year Chartered | 1954 |
| Employees | 223 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.8% |
| Return on Equity - YTD | 13.31% |
| Annual Interest Income | $25.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $1.03B$988.4MM |
| Loans | Q3 2022vs Q3 2021 | $628.7MM$552.9MM |
| Deposits | Q3 2022vs Q3 2021 | $935.3MM$883.9MM |
| Equity Capital | Q3 2022vs Q3 2021 | $61.9MM$93.2MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $5.5MM$4.9MM |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $4.0MM$2.7MM |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$29.00K |
