Pinellas Federal Credit Union is headquartered in Largo and is the 57th largest credit union in the state of Florida. It is also the 1,385th largest credit union in the nation. It was established in 1956 and as of December of 2022, it had grown to 28 employees and 11,720 members at 4 locations. Pinellas Federal Credit Union's CD rates are 3X the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in Pinellas Federal Credit Union is open to those who live, work, worship, attend school, or regularly do business in Pinellas County, Florida. Employees of the State of Florida, or a Florida county or Florida municipality also qualify for membership. Employees of more than 70 Select Employee Group are eligible to join.
See current membership details
Personal Service Makes All the Difference
I have been a customer of Pinellas Federal Credit Union for going on 5 years now. Prior to that, I was with Wells Fargo. I will never go back to a big-name bank. This credit union has always treated us right. They are our first stop anytime we make a large purchase (car loan, home equity) and the rates have always been very competitive with the larger banks. The fees are fair, and often there are no fees at all. The quality of service I receive far exceeds the quality of service that the larger banks can offer. The larger banks have one priority and that is to make money out of you. The Pinellas Federal Credit Union is a non-profit financial company and that means that their priority is helping YOU. This makes all the difference. Everyone should have access to a credit union. If you don't quality for this one, then find another. You will never do business with a for-profit bank ever again.
Ridiculous
Inside bank customer service is sub-par. Technologically challenged. Website was modified and old password no longer worked, so a trip to a branch with the ho-hum staff was required. Even calling them doesn't result in satisfaction. Wish I hadn't opened an account here.
VARY BAD SERVICE
THEY CUT OFF ON LINE BILL PAY FOR OVER A WEEK WITH NO NOTICE. NOW WE HAVE TO RE-ESTABLISH ALL BANKING SIGN ON AND SECURITY SET UPS.
THEY EVEN CHARGE FIVE BUCKS A MONTH FOR THIS "SERVICE" GETTING RID OF THEM.
Bad Service
We changed banks because big banks customer service was disappointing. We've been trying to use online banking, and it's been 8 months since we opened the account and requested a code number, but they always give us excuses, "we can't provide it to you right now, please come back in two weeks," and then when we come back, they still don't have it.
We are considering changing banks again.
Data as of Q4 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 10880 |
| Year Chartered | 1956 |
| Employees | 28 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.36% |
| Return on Equity - YTD | 3.28% |
| Annual Interest Income | $4.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2022vs Q4 2021 | $169.3MM$160.3MM |
| Loans | Q4 2022vs Q4 2021 | $103.8MM$90.1MM |
| Deposits | Q4 2022vs Q4 2021 | $149.6MM$141.3MM |
| Equity Capital | Q4 2022vs Q4 2021 | $18.3MM$17.7MM |
| Loan Loss Allowance | Q4 2022vs Q4 2021 | $268.00K$156.00K |
| Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $386.00K$13.00K |
| Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |