Suncoast Credit Union is headquartered in Tampa and is the largest credit union in the state of Florida. It is also the 10th largest credit union in the nation. It was established in 1978 and as of March of 2019, it had grown to 1,688 employees and 826,311 members at 69 locations. Suncoast Credit Union's money market rates are 3X the national average, and it has an A health rating.
Field of Membership Restrictions
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
Related Posts
best switch I've ever made
I had the opportunity to switch from Chase to Suncoast Credit Union while I was living in the Tampa Bay area. I searched for different credit unions and had always wanted to make the change, Suncoast was a perfect fit for my needs. This credit union has allowed me to save money, which I wasn't able to do in the past due to high fee's from my previous bank.My bank account has never gone into overdraft thanks to their free overdraft protection. Now they have this amazing service where you can pay your bills even if you don't have fund available in your account at the moment of payment. I love the suncoast rewards program on my debit card, I have been able to redeem points for travel and pay the difference if I don't have enough point to redeem the ticket. Suncoast takes care of their costumers by offering discounts on a lot of services for every day life. I have been to their actual bank maybe like 3 times everything can be done online, their app or over the phone which is amazing.
A Great Banking Experience
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.
Suncoast Credit Union in Florida
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.
Hard Pull For CD Account
They did a hard credit pull for me to open a CD account. You also have to go into a branch to open a CD. (Edit: Apparently you can also open one over the phone. But not online.) And there is a fee (I think $3.50) to ACH/EFT money out of your savings or checking account. Customer service was great during my first trip to the branch, not so great on the second trip.
Data as of Q1 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68645 |
| Year Chartered | 1978 |
| Employees | 1688 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.34% |
| Return on Equity - YTD | 14.4% |
| Annual Interest Income | $87.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2019vs Q1 2018 | $9.87B$9.12B |
| Loans | Q1 2019vs Q1 2018 | $7.50B$6.56B |
| Deposits | Q1 2019vs Q1 2018 | $8.72B$7.95B |
| Equity Capital | Q1 2019vs Q1 2018 | $893.2MM$778.2MM |
| Secondary Capital | Q1 2019vs Q1 2018 | $600.00K |
| Loan Loss Allowance | Q1 2019vs Q1 2018 | $79.4MM$68.5MM |
| Unbacked Noncurrent Loans | Q1 2019vs Q1 2018 | $26.5MM$24.5MM |
| Real Estate Owned | Q1 2019vs Q1 2018 | $1.9MM$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.
Suncoast Credit Union Savings Account Rates
Suncoast Credit Union Money Market Rates
Suncoast Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | - | - | Teen Checking | |
| 0.05% | - | - | Smart Checking | |
| 0.05% | - | - | Smart Start Checking |
