JM Associates Federal Credit Union
Overview / Commentary
JM Associates Federal Credit Union is headquartered in Jacksonville and is the 57th largest credit union in the state of Florida. It is also the 1,432nd largest credit union in the nation. It was established in 1980 and as of December of 2019, it had grown to 27 employees and 8,057 members at 5 locations. JM Associates Federal Credit Union has an A health rating.
Field of Membership Restrictions
Must be an associate of JM Family Enterprises, Inc. or its majority owned subsidiary. Membership is also open to immediate family of existing and potential members.
See current membership details
Health
A
Data as of Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 23709 |
| Year Chartered | 1980 |
| Employees | 27 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.58% |
| Return on Equity - YTD | 3.76% |
| Annual Interest Income | $4.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $126.0MM$126.0MM |
| Loans | Q4 2019vs Q4 2018 | $53.4MM$53.3MM |
| Deposits | Q4 2019vs Q4 2018 | $105.9MM$107.0MM |
| Equity Capital | Q4 2019vs Q4 2018 | $18.8MM$16.3MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $600.00K$640.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $392.00K$633.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |