PriorityONE Credit Union of Florida is headquartered in Sunrise and is the 63rd largest credit union in the state of Florida. It is also the 1,582nd largest credit union in the nation. It was established in 1991 and as of September of 2020, it had grown to 34 employees and 9,722 members at 2 locations. PriorityONE Credit Union of Florida has an A health rating.
Field of Membership Restrictions
Membership in PriorityONE Credit Union of Florida is open to the following: 1) those who live or work in Broward, Palm Beach or Miami-Dade counties of Florida; 2) Federal, Postal or Professional employees, trade groups or associations who live in Florida; 3) immediate family of existing members.
See current membership details
A Great Local Credit Union
After having terrible experiences with two very large nationally known American banks (hint, hint) I had quite enough.
After much research I found PriorityONE in Sunrise, which serves postal workers, and others. Their bank ratings are superior, and their Texas Ratio is excellent. They are well positioned to survive the current economic downturn.
I especially have been impressed with their long term employees who I have come to know on a first name basis and vice versa.
At one point I had some very specific questions which earned me a call from the CEO herself, who took considerable time to fully answer my questions and concerns.
I often use their web banking, which has been a godsend, as I am notified immediately by text when any charges or credits occur. Perfect for me.
I would also point out that the post office employees are not likely to lose their jobs which adds even more stability and confidence in these troubled times.
Couldn't possibly rate them any higher...
Approved, Not Approved
Applied online for membership. Received email with new member number. They later started requesting tax returns and proof of residence and pay stubs. Complete waste of time. I decided to go else where.
Data as of Q3 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 67444 |
| Year Chartered | 1991 |
| Employees | 34 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.39% |
| Return on Equity - YTD | 4.08% |
| Annual Interest Income | $3.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2020vs Q3 2019 | $117.9MM$98.3MM |
| Loans | Q3 2020vs Q3 2019 | $73.9MM$75.2MM |
| Deposits | Q3 2020vs Q3 2019 | $105.7MM$86.5MM |
| Equity Capital | Q3 2020vs Q3 2019 | $11.1MM$10.5MM |
| Loan Loss Allowance | Q3 2020vs Q3 2019 | $337.00K$317.00K |
| Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $109.00K$238.00K |
| Real Estate Owned | Q3 2020vs Q3 2019 | $0$0 |