Power Financial Credit Union

Overview / Commentary
2020 NW 150th Ave
Pembroke Pines, FL 33028

Power Financial Credit Union is headquartered in Pembroke Pines and is the 27th largest credit union in the state of Florida. It is also the 442nd largest credit union in the nation. It was established in 1951 and as of September of 2022, it had grown to 138 employees and 33,288 members at 9 locations. Power Financial Credit Union has an A health rating.

Field of Membership Restrictions

Power Financial Credit Union is open to those who live or work in Monroe, Miami-Dade, Broward, Palm Beach, Manatee, Hillsborough, Sarasota, Pinellas or Martin Counties, or are employed by a member of our Select Employee Group.
See current membership details

Reviews (2)

Watch Out For Tricks And Traps!

Posted by: |

Yes they often mail out bonuses to open accts to locals, but WATCH OUT!  This CU alone with Pan AM Horizions now Power Financial Credit Union,  are full of tricks and traps.   Their car loans, acct fees and other tricks and traps are all aimed to take advantage of ill informed account holders.  Be careful!  Avoid loans or even openning an accoutn with Power Finanical FCU.  

Poor Service.....Out Of Touch With The Real World

Posted by: |

I have used then several times as a service proveder for my Massachusetts Credit Union.  We used the branch on route 1 in North palm Beach.  Each time the service got worse.  It takes more than 15 minutes to cash a check.  Each teller has different rules they operate by.  Branch management doesn't care about different standards....and defends their inconsistant practices.  I can only speak for this branch.  They are out of touch with the 21st century with their archaic check cashing procedures and documentation requirements and verification do-loops.  Lines are long for obvious reasons. Some tellers are lackadaisical and sometimes arrogant.  Branch management can be outright rude.  We will not use them again.  Customers deserve better than this branch offers.


Health Grade Components

NCUA #68445
Year Chartered1951
Primary Regulator
Profit Margin
Return on Assets - YTD0.65%
Return on Equity - YTD7.95%
Annual Interest Income$19.4MM
Assets and Liabilities
AssetsQ3 2022vs Q3 2021$947.2MM$926.8MM
LoansQ3 2022vs Q3 2021$608.8MM$568.5MM
DepositsQ3 2022vs Q3 2021$829.7MM$789.1MM
Equity CapitalQ3 2022vs Q3 2021$78.2MM$87.0MM
Loan Loss AllowanceQ3 2022vs Q3 2021$3.0MM$2.0MM
Unbacked Noncurrent LoansQ3 2022vs Q3 2021$785.00K$4.1MM
Real Estate OwnedQ3 2022vs Q3 2021$0$0

Rates for Power Financial Credit Union are currently being reviewed.


Power Financial Credit Union Locations
Branch Office8228 Mills DrKendall, FL 33183-4805
Branch Office2020 NW 150th AvePembroke Pines, FL 33028-2889
Branch Office12575 US Highway 1Juno Beach, FL 33408
Branch Office33004 S Dixie HwyFlorida City, FL 33034-5612
Branch Office1100 NW 95th StMiami, FL 33150-2038
Branch Office11690 NW 105th StMedley, FL 33178-1103
Branch Office5061 W Atlantic AveDelray Beach, FL 33484-8130
Branch Office2100 E Hallandale Beach BlvdHallandale Beach, FL 33009
Branch Office8850 W Oakland Park BlvdSunrise, FL 33351-7218

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