South Atlantic Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
0.05%	Savings	Share Account 1.15% - CIT Bank Spring Savings
0.05%	Savings	Dream Account 1.15% - CIT Bank Spring Savings
0.20%	Money Market	Money Market Account 0.85% - Ally Bank Money Market Account

View all South Atlantic Federal Credit Union rates »

Overview / Commentary

www.safcu1.org

561-394-7097

1 W Camino Real Ste 110
Boca Raton, FL 33432-5966

South Atlantic Federal Credit Union is headquartered in Boca Raton and is the 121^st largest credit union in the state of Florida. It is also the 3,820^th largest credit union in the nation. It was established in 1973 and as of March of 2017, it had grown to 3 employees and 2,597 members at 1 location. South Atlantic Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open to employees of Boca West Country Club, Boca West Maintenance, Arvida, Boca Raton Resort and Club, City of Boca Raton, Palm Beach Hilton, Deerfield Beach Hilton, Delair Country Club, Gleneagles Country Club, Woodfield Country Club, Broken Sound Country Club, Boca Lago Country Club, Addison Condominium Association, Royal Palm Yacht and Country Club, Radisson Hotel, Radisson Bridge Hotel, Englert Arts Inc., Elglert Machine and Design, World Travel Partners, Hamlet Country Club, Boca Grove Plantation, Statford Arms Condominium Association, Chalfonte Condominium Association, Ken Carlson Architects.
See current membership details

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Health

B+

Data as of Q1 2017

Learn why bank health matters

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. South Atlantic Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #	21202
Year Chartered	1973
Employees	3
Primary Regulator

Profit Margin
Return on Assets - YTD	0.35%
Return on Equity - YTD	3.5%
Annual Interest Income	$143.00K

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$14.4MM$13.3MM
Loans	Q1 2017vs Q1 2016	$5.7MM$6.2MM
Deposits	Q1 2017vs Q1 2016	$13.0MM$11.9MM
Equity Capital	Q1 2017vs Q1 2016	$1.4MM$1.3MM
Loan Loss Allowance	Q1 2017vs Q1 2016	$140.00K$93.00K
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$25.00K$25.00K
Real Estate Owned	Q1 2017vs Q1 2016	$0$0

Rates

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Money Market

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

South Atlantic Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.05%	$100	-	Share Account
0.05%	-	-	IRA Share Account
0.05%	-	-	Dream Account
0.05%	-	-	Holiday Club Account
0.05%	-	-	Roth IRA Share Account
0.05%	-	-	CESA Share Account

South Atlantic Federal Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.20%^*	$50k^*	-	Money Market Account
OTHER TIERS: 0.08% → $2,500 - $10k \| 0.12% → $10k - $25k \| 0.15% → $25k - $50k

Locations

South Atlantic Federal Credit Union Locations
Branch Office	1 W Camino Real Ste 110	Boca Raton, FL 33432-5966