Orlando Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
1.47%	5-year CD	60 Month CD 2.35% - Synchrony Bank 60 Month CD
0.51%	1-year CD	12 Month CD 1.40% - Synchrony Bank 12 Month CD
0.20%	Savings	Share Savings account 1.20% - Goldman Sachs Bank USA Online Savings

View all Orlando Federal Credit Union rates »

Overview / Commentary

www.orlandofcu.org

800-953-4567

1117 S Westmoreland Dr
Orlando, FL 32805-3866

Orlando Federal Credit Union is headquartered in Orlando and is the 40^th largest credit union in the state of Florida. It is also the 950^th largest credit union in the nation. It was established in 1936 and as of March of 2017, it had grown to 79 employees and 25,668 members at 10 locations. Orlando Federal Credit Union's money market rates are 14% higher than the national average, and it has an A health rating.

Field of Membership Restrictions

Membership is open to those who live, work, worship, volunteer or attend school in Orange, Seminole, Lake or Osceola county in Florida.
See current membership details

New customer to credit unions

Posted by: luzsalazar | 22 hours ago

I ended up going to Orlando Federal Credit Union at first to try to get a car loan (which they quickly approved once I was a member). After getting the loan I decided to switch some of my actual banking over to them. I actually had a good experience. They have several branches locally I was able to go to and speak with financial advisors or answer any question as well as go to an ATM or other normal banking operations.

Comment

1

Don't bank with Orlando Federal Credit Union

Posted by: AllisonWinters | Sep 1, 2015

I didn't enjoy my time with the Orlando Federal Credit Union. My husband and I happened in here to ask a question and was talked into opening an account, with them going on and on about all of the benefits of banking with a credit union vs. a traditional bank. We weren't ever really shown the benefits, because all we had were problems. One of the things that drew us in was their auto loan rates. We were told how easy it was to apply and to get a decision in minutes. That was false. Every time we went in, on several different occasions, we were told that there was nobody there to speak with us currently and to come back a different day. We even called to make an appointment and had one set up, only to arrive and be told that that person wasn't actually in the office today and they were "sorry". Besides their auto loans, it took several days, sometimes even a full week or more for even minor purchases to reflect in our bank account. We do keep a ledger, but sometimes small purchases slip by and it's just very annoying to see $xx.xx in your bank and then realize that no, you actually have quite a bit less because things I bought over two weeks ago still haven't posted. I just didn't like this bank. The convenience isn't there, and the customer service is awful.

Comment

4

Health

A

Data as of Q1 2017

Learn why bank health matters

Health Grade Components

Overall
NCUA #	1213
Year Chartered	1936
Employees	79
Primary Regulator

Profit Margin
Return on Assets - YTD	0.46%
Return on Equity - YTD	5.08%
Annual Interest Income	$2.4MM

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$227.5MM$205.1MM
Loans	Q1 2017vs Q1 2016	$131.7MM$141.0MM
Deposits	Q1 2017vs Q1 2016	$205.4MM$184.6MM
Equity Capital	Q1 2017vs Q1 2016	$20.2MM$18.3MM
Loan Loss Allowance	Q1 2017vs Q1 2016	$2.2MM$4.0MM
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$325.00K$630.00K
Real Estate Owned	Q1 2017vs Q1 2016	$0$0

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