Overview / Commentary
850-233-4400
910 Thomas Dr
Panama City, FL 32408-7442

Innovations Federal Credit Union is headquartered in Panama City and is the 44th largest credit union in the state of Florida. It is also the 1,053rd largest credit union in the nation. It was established in 1952 and as of September of 2018, it had grown to 70 employees and 20,066 members at 6 locations. Innovations Federal Credit Union has an A health rating.

Field of Membership Restrictions

Membership is open to those who live, work, worship, attend school or volunteer in Bay County. Membership is also open to immediate family of existing members and those eligible for membership.
See current membership details

Related Posts

View all posts from:


Reviews

No reviews have been left for this bank yet. Be the first to review.



Health

Health Grade Components

Overall
NCUA #7783
Year Chartered1952
Employees70
Primary Regulator
Profit Margin
Return on Assets - YTD0.97%
Return on Equity - YTD10.63%
Annual Interest Income$6.6MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$198.8MM$192.6MM
LoansQ3 2018vs Q3 2017$158.6MM$138.5MM
DepositsQ3 2018vs Q3 2017$177.4MM$172.5MM
Equity CapitalQ3 2018vs Q3 2017$18.2MM$16.8MM
Loan Loss AllowanceQ3 2018vs Q3 2017$1.3MM$1.5MM
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$623.00K$776.00K
Real Estate OwnedQ3 2018vs Q3 2017$0$0
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Innovations Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Innovations Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%--IRA Contributory
0.20%$100-Share (savings) Account

Innovations Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%$1k-Money Market

Innovations Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%--Share Draft (checking) Account
0.00%--Ignite Rewards Cash Back Checking

Innovations Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.01%$1k-36 Month Compounding CD
1.00%$1k-36 Month Non-Compounding CD
0.85%$1k-24 Month Compounding CD
0.85%$1k-24 Month Non-Compounding CD
0.50%$1k-18 Month Compounding CD
0.50%$1k-18 Month Non-Compounding CD
0.45%$1k-12 Month Compounding CD
0.45%$1k-12 Month Non-Compounding CD
0.20%$1k-6 Month Compounding CD
0.20%$1k-6 Month Non-Compounding CD
0.15%$1k-91 Day Compounding CD
0.15%$1k-91 Day Non-Compounding CD

Innovations Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.01%$1k-36 Month Compounding IRA
0.85%$1k-24 Month Compounding IRA
0.50%$1k-18 Month Compounding IRA
0.45%$1k-12 Month Compounding IRA
Locations


Innovations Federal Credit Union Locations
Branch Office2250 S Highway 77Lynn Haven, FL 32444-4620
Branch Office910 Thomas DrPanama City, FL 32408-7442
Branch Office700 W 23rd StPanama City, FL 32405-3936
Branch Office1038 Harrison AvePanama City, FL 32401
Branch Office123 N Tyndall PkwyPanama City, FL 32404-6431
Branch Office17900 Panama City Beach PKwyPanama City Beach, FL 32413-5503

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.