Overview / Commentary
305-377-1017
51 SW 1st Ave Ste 604
Miami, FL 33130-1611

Miami Federal Credit Union is headquartered in Miami and is the 96th largest credit union in the state of Florida. It is also the 2,720th largest credit union in the nation. It was established in 1954 and as of June of 2018, it had grown to 10 employees and 2,832 members at 4 locations. Miami Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open to employees of the U.S. government, military personnel headquartered in Miami-Dade, Broward or Monroe County, and employees of Capital Grill Restaurant, Bethel Apostolic Temple, Henderson Clinic, Economic Opportunities Family Health Center, Inc., First Church of North Miami Congregational, Tools for Change, Church of the Open Door, Health Systems Agency of South Florida, Inc., or IXE Dollar Express, Inc..
See current membership details

Reviews

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



Health
B+
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Miami Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #9287
Year Chartered1954
Employees10
Primary Regulator
Profit Margin
Return on Assets - YTD0.53%
Return on Equity - YTD3.7%
Annual Interest Income$597.00K
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$35.0MM$32.9MM
LoansQ2 2018vs Q2 2017$18.8MM$18.5MM
DepositsQ2 2018vs Q2 2017$29.9MM$27.9MM
Equity CapitalQ2 2018vs Q2 2017$5.0MM$4.8MM
Loan Loss AllowanceQ2 2018vs Q2 2017$102.00K$136.00K
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$89.00K$64.00K
Real Estate OwnedQ2 2018vs Q2 2017$0$0
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Miami 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.

Miami Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*$10k*-Share Savings
OTHER TIERS: 0.10% Up to $1k | 0.15% $1k - $5k | 0.20% $5k - $10k
0.20%--Christmas Club
0.20%--Vacation Club

Miami Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%--Share Draft Checking

Miami Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.75%$50k-60 Month Jumbo CD
1.51%$200-60 Month CD
1.30%*$50k*-30 Month Jumbo CD
OTHER TIERS: 1.15% $10k - $50k
1.00%$200-30 Month CD
0.85%$200-24 Month CD
0.85%$10k-24 Month Jumbo CD
0.75%$10k-12 Month Jumbo CD
0.70%$10k-18 Month Jumbo CD
0.60%$200-12 Month CD
0.55%$200-18 Month CD
0.40%$200-6 Month CD
0.40%$10k-6 Month Jumbo CD

Miami Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.06%$25-60 Month IRA
0.75%$25-30 Month IRA
0.65%$25-30 Month Educational IRA
0.55%$25-24 Month IRA
0.50%$25-12 Month IRA
Locations


Miami Federal Credit Union Locations
Branch Office400 N Miami Ave Fl 6Miami, FL 33128
Branch Office99 NE 4th St Fl 2Miami, FL 33132-2131
Branch Office299 E Broward Blvd Suite 314Ft Lauderdale, FL 33301
Branch Office51 SW 1st Ave Ste 604Miami, FL 33130-1611

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 feedback@depositaccounts.com 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.