Suncoast Credit Union is headquartered in Tampa and is the largest credit union in the state of Florida. It is also the 11th largest credit union in the nation. It was established in 1978 and as of September of 2020, it had grown to 1,861 employees and 908,430 members at 75 locations. Suncoast Credit Union has an A health rating.
Membership in SunCoast Credit Union is open to those who live, work, worship, or attend school in the Florida counties of Alachua, Brevard, Broward, Charlotte, Citrus, Clay, Collier, Desoto, Dixie, Duval, Gilchrist, Glades, Hardee, Hendry, Hernando, Highlands, Hillsborough, Indian River, Lake, Lee, Leon, Levy, Manatee, Marion, Martin, Miami-Dade, Monroe, Orange, Osceola, Palm Beach, Pasco, Pinellas, Polk, Sarasota, Seminole, St. Johns, St. Lucie, Sumter, or Volusia. Alumn of Florida College in Temple Terrace also qualify for membership.
See current membership details
My experience with Suncoast Federal Credit union has been nothing but pleasurable. I currently have 2 savings accounts and a checking account and haven't had any issues. The credit union offers about 5 times the interest of the big national banks. My debit card allows me to get rewards points which is a big bonus for me. The accounts are also amazing to have because there are no account minimums or requirements to have them. I know that if were banking at a big national bank I would have been charged a fee a few times due to the account requirements. I've been banking there many years and wouldn't think about switching to another bank. Every time I go to that bank I have had great customer service, which matters to me.
...in Summer of '19 and it wasn't painful. Had to mail documents, back and forth but, for 2.7% APY for 48 mos was worth the effort. No other experience but, they answer the phone at least. Website could be better but, I've used worse. Dropped rates fast so not so competitive anymore...
I recently joined Suncoast after a friend mentioned that they are now open for residents on my county in Florida. I previously wanted to join, but it limited to teachers and police...local workers. I found their rates for loans to be much lower that rates offered by other big banks. I am sick of the rates that Bank of America charges. With online banking, I don't ever go to a branch unless it is a special situation. Suncoast does have a local branch about 5 minutes from my house, so if I do need to go there, it is very easy and convenient to get too. I just found that they offer investment services and I am very interested to learn about those.
They are very rude. Every time I make a charge on my card, I have to spend an hour on the phone to get it unblocked. I asked for a call back, they don't after talking calling and speaking to the supervisor I finally had enough and asked to speak to the president, I accepted to speak to one of the vice presidents. I explained to her my problem, the next day I get a phone call from her underling for which I have had to explain to her the problem. She says she will fix it. The next day I get a phone call from that person's underling and I have to explain to her the problem again. Three months later the problem is still not solved. I posted this on their review page that they control and removed it and refuse to put it back.
Overall | |
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NCUA # | 68645 |
Year Chartered | 1978 |
Employees | 1861 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.8% |
Return on Equity - YTD | 8.99% |
Annual Interest Income | $313.9MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q3 2020vs Q3 2019 | $12.03B$10.41B |
Loans | Q3 2020vs Q3 2019 | $9.20B$7.96B |
Deposits | Q3 2020vs Q3 2019 | $10.66B$9.22B |
Equity Capital | Q3 2020vs Q3 2019 | $1.07B$961.6MM |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $126.9MM$87.7MM |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $36.5MM$39.0MM |
Real Estate Owned | Q3 2020vs Q3 2019 | $0$2.0MM |
Always verify rates and promotions with the bank or credit union. We are not Suncoast 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.01% | - | - | Smart Checking |