Suncoast Credit Union

Overview / Commentary
6801 E Hillsborough Ave
Tampa, FL 33610

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 December of 2022, it had grown to 2,337 employees and 1,105,101 members at 76 locations. Suncoast Credit Union has a B+ 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

Increased CD Rates - 4/10/2023

Suncoast rates are nothing special for new CD's, but for those with existing jumbo CD's there is an opportunity to do a rate bump. For example, I have two 60 month CD's that mature in June 2024 and August 2024 that are currently paying 3.2% APY and 3.5% APY. I can now call Suncoast to request a rate bump on both of them to 4.05% APY. Beats paying a 6 month EWP to reinvest the money elsewhere at this point.

4.00% Cds In Florida! - 10/24/2022

Two CD specials at Suncoast Credit Union 4.00% 12 month term 4.00% 36 month term

View all posts from:

A Great Banking Experience

Posted by: |

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.

Careful With Suncoast Auto Loans

Be careful with Suncoast Credit Union Auto Loans. I have been a member and have had loans with them for many years. I recently used Suncoast for my Auto loan. I usually pay off my loans quickly by making principle-only payments. I made a significant principle-only payment, and once it was recorded online, I found out they paid off some of their loan interest; after that, the rest of my "principle-only payment" money went toward the principal of my loan. After numerous phone calls with different customer service people, different explanations, and then having to go into two separate branches, I found out that Suncoast Credit Union REQUIRES you to pay pending interest first before they apply your money to the principal. WOW, what a rip-off. The office manager showed me the e-manual, which says that on consumer loans, interest MUST be satisfied first before they apply any money to the principal. I was so upset and decided I would pay off this loan immediately and never take another load from Suncoast Credit Union.

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.



Health Grade Components

NCUA #68645
Year Chartered1978
Primary Regulator
Profit Margin
Return on Assets - YTD0.94%
Return on Equity - YTD13.13%
Annual Interest Income$504.9MM
Assets and Liabilities
AssetsQ4 2022vs Q4 2021$16.22B$14.87B
LoansQ4 2022vs Q4 2021$12.13B$10.09B
DepositsQ4 2022vs Q4 2021$14.70B$13.25B
Equity CapitalQ4 2022vs Q4 2021$1.14B$1.23B
Loan Loss AllowanceQ4 2022vs Q4 2021$129.9MM$136.7MM
Unbacked Noncurrent LoansQ4 2022vs Q4 2021$38.0MM$28.1MM
Real Estate OwnedQ4 2022vs Q4 2021$0$202.00K

Rates for Suncoast Credit Union are currently being reviewed.



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.