Orlando Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 3.00% | 5-year CD | 2.27% - National Average |
| 0.80% | 1-year CD | 1.37% - National Average |
| 0.20% | Savings | 0.26% - National Average |
Orlando Federal Credit Union is headquartered in Orlando and is the 42nd largest credit union in the state of Florida. It is also the 977th largest credit union in the nation. It was established in 1936 and as of December of 2018, it had grown to 82 employees and 24,795 members at 9 locations. Orlando Federal Credit Union's CD rates are 83% higher than the national average, and it has a B+ 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
Related Posts
New customer to credit unions
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.
Don't bank with Orlando Federal Credit Union
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.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 1213 |
| Year Chartered | 1936 |
| Employees | 82 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.26% |
| Return on Equity - YTD | 2.83% |
| Annual Interest Income | $8.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $227.4MM$227.1MM |
| Loans | Q4 2018vs Q4 2017 | $156.1MM$136.9MM |
| Deposits | Q4 2018vs Q4 2017 | $203.6MM$204.5MM |
| Equity Capital | Q4 2018vs Q4 2017 | $20.9MM$20.4MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $1.9MM$2.2MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $653.00K$572.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Orlando 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.
Orlando Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.45% | - | - | IRA Savings Account | |
| 0.20% | $200 | - | Share Savings account | |
| 0.20% | $200 | - | CU Kidz Club Account | |
| 0.20% | $200 | - | CU Team Club Account | |
| 0.20% | $200 | - | Prime Plus Club Account |
Orlando Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.50%* | $100k* | - | Money Market Account | ||
| OTHER TIERS: 0.20% → $1k - $25k | 0.30% → $25k - $50k | 0.40% → $50k - $100k | |||||
Orlando Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.25% | $10k | - | Dividend Checking Account |
Orlando Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 3.25% | $50k | - | 60 Month Jumbo CD | ||
| 3.25% | $500 | - | 61 Month CD Special - New Money (In branch only) | ||
| 3.00% | $1k | - | 60 Month CD | ||
| 2.95% | $50k | - | 24 Month Jumbo CD | ||
| 2.95% | $500 | - | 25 Month CD Special - New Money (In branch only) | ||
| 2.85% | $1k | - | 24 Month CD | ||
| 2.50% | $500 | - | 13 Month CD Special - New Money (In branch only) | ||
| 2.10% | $50k | - | 18 Month Jumbo CD | ||
| 2.05% | $1k | - | 18 Month CD | ||
| 1.65%* | $1k* | - | 12 Month CD | ||
| OTHER TIERS: 1.30% → $500 - $1k | |||||
| 1.35% | $50k | - | 6 Month Jumbo CD | ||
| 1.30% | $1k | - | 6 Month CD | ||
| 0.80% | $50k | - | 12 Month Jumbo CD | ||
Orlando Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.28% | $50k | - | 60 Month Jumbo IRA | |
| 3.03% | $1k | - | 60 Month IRA | |
| 2.97% | $50k | - | 24 Month Jumbo IRA | |
| 2.87% | $1k | - | 24 Month IRA | |
| 2.60% | $1k | - | 26 Month IRA Special | |
| 2.12% | $50k | - | 18 Month Jumbo IRA | |
| 2.07% | $1k | - | 18 Month IRA | |
| 1.72% | $50k | - | 12 Month Jumbo IRA | |
| 1.67% | $1k | - | 12 Month IRA | |
| 1.37% | $50k | - | 6 Month Jumbo IRA | |
| 1.32% | $1k | - | 6 Month IRA |
| Orlando Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 1117 S Westmoreland Dr | Orlando, FL 32805-3866 |
| Branch Office | 400 S Orange Ave | Orlando, FL 32801-3360 |
| Branch Office | 4500 S John Young Pkwy | Orlando, FL 32839-8628 |
| Branch Office | 2150 S Semoran Blvd | Orlando, FL 32822-2702 |
| Branch Office | 2500 W Colonial Dr | Orlando, FL 32804-8005 |
| Branch Office | 1662 W Orange Blossom Trl | Apopka, FL 32712-2641 |
| Branch Office | 300 E Church St | Orlando, FL 32801 |
| Branch Office | 7455 W Colonial Dr | Orlando, FL 32818 |
| Branch Office | 1229 State Road 436 | Casselberry, FL 32707-6402 |