Ocala Community Credit Union


Overview / Commentary
352-629-7596
2675 SE 36th Ave
Ocala, FL 34471

Ocala Community Credit Union is headquartered in Ocala and is the 87th largest credit union in the state of Florida. It is also the 2,471st largest credit union in the nation. It was established in 1953 and as of December of 2023, it had grown to 9 employees and 2,948 members at 2 locations. Ocala Community Credit Union has a B health rating.

Field of Membership Restrictions

Membership in Ocala Community Credit Union is open to those who live or work in Marion County, Florida. Immediate family members of any membership-eligible individual are also eligible to join.
See current membership details

Related Posts

12-Month CD, 6.40% APY - 11/30/2023

If you live or work in Marion County, Florida, you are eligible to join Ocala Community Credit Union and open a 12-month CD, 6.40% APY, $500 minimum. Immediate family members of anyone eligible for membership, also qualify for membership.

Reviews (2)

Go Somewhere Else.

Posted by: |

In hindsight there is dishonesty from what employees tell members. Not a good place.

Ocala Community Credit Union

OCCU use to be a very good Credit Union but now just the same as your larger banks. There rates in many ways are not competitive any more.



Health
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. Ocala Community Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #67938
Year Chartered1953
Employees9
Primary Regulator
Profit Margin
Return on Assets - YTD0.82%
Return on Equity - YTD8.57%
Annual Interest Income$1.4MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$49.7MM$49.3MM
LoansQ4 2023vs Q4 2022$19.8MM$20MM
DepositsQ4 2023vs Q4 2022$44.6MM$44.2MM
Equity CapitalQ4 2023vs Q4 2022$4.6MM$4.4MM
Loan Loss AllowanceQ4 2023vs Q4 2022$147K$149K
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$245K$92K
Real Estate OwnedQ4 2023vs Q4 2022$0$0
Rates

Rates for Ocala Community Credit Union are currently being reviewed.

Locations


Ocala Community Credit Union Locations
Branch Office2675 SE 36th AveOcala, FL 34471
Branch Office190 Marion Oaks BlvdOcala, FL 34473-2215

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