Tyndall Federal Credit Union

Overview / Commentary
3109 Minnesota Ave
Panama City, FL 32405

Tyndall Federal Credit Union is headquartered in Panama City and is the 14th largest credit union in the state of Florida. It is also the 209th largest credit union in the nation. It was established in 1956 and as of December of 2020, it had grown to 248 employees and 114,116 members at 15 locations. Tyndall Federal Credit Union has an A+ health rating.

Field of Membership Restrictions

Tyndall Federal Credit Union is open to the following: (1) Those who live, work, worship, attend school or volunteer in either Bay, Calhoun, Franklin, Gulf, Holmes, Jackson, Leon, Okaloosa, Walton, or Washington counties in Florida, or Baldwin, Houston, or Mobile counties in Alabama; (2) Those who are currently stationed at or work at Tyndall Air Force Base and employees of FBI, Gulf County, Internal Revenue Service, and other Select Employer Groups (a complete list can be found on the credit union's website); (3) Immediate family and household members.
See current membership details

Best Credit Union Around!

I have banked with Tyndall for close to 6 years. I have 2 car loans and a credit card with them and wouldn't wish to bank anywhere else. They have the best rates and their staff is knowledgeable and kind!

Tyndall Federal Credit Union Saved Me A Ton Of Money By Refinancing My Home!

Posted by: |

Refinanced my Mortgage with Tyndall Federal Credit Union and saved over 2% on my rate, which saved me over $100,000 in interest!!! The representative was so awesome to work with. I started the process on a Monday and 3 weeks to the day, I was in the closing office and finished refinancing my home. It's so nice having everything all at 1 financial institution and having a 'Local' person that I can speak with. Tyndall truly does care about their members and saving us money.

Community Credit Union To Grow With

Posted by: |

Since I was a child I have had an account with Tyndall Federal Credit Union. From using just a saving account and Certificate of Deposit account to adding in checking once I graduated high school. I have found it easy to set up the accounts, ask questions related to interest, fees and companies trying to debit my accounts without permission. In cases of people trying to empty my accounts, I found TFCU quickly able to lock the account and get my money returned in days without having to fight them over it. Even adding in a debit card was simple and replacing it once they added in chips was just as simple. I see myself continuing to use them as well as, once I have children, helping them set up accounts as well.

Tyndall Federal Credit Union - A Word Of Caution

Posted by: |

I recent wrote a Google review to point out that Tyndall Federal Credit Union pulled a hard credit report as part of their selective scrutiny to protect their customers' assets from the increasingly sophisticated internet criminal element. I suppose that statement by Tyndall in response to my review was a misdirected shot across my bow since I am in no way associated with criminal organizations and my attempt to merely open a membership account was performed entirely within the parameters of legal conduct. I have been a member of excellence with two credit unions and an esteemed local banking institution for more than 10 years and hold an excellent credit rating.

Tyndall also explained in their response that pulling a hard credit report in my instance was a "mistake," that it should have instead been a soft inquiry only, and was actually the fault of their "new credit bureau partner," an action that was entirely unknown to Tyndall until reading my Google review. But you see, Tyndall's new partner only pulls the credit reports and forwards them to Tyndall Federal Credit Union. How else could Tyndall form an opinion regarding my membership in the absence of any direct inspection of my credit report?

While Tyndall cites an increasingly ominous presence of internet criminal elements that calls for vigilance in member selection, there is also an equally increasing prevalence of plausible denial being instrumented by organizations who find themselves the subject of exposure. "It wasn't our fault but rather the fault of our new partner."

In the real world, whenever any organization forms a partnership with anyone they own responsibility for the actions of all such partners. There is no separation of culpability. Partnership itself denotes a union, a binding protocol between two or more parties, in this instance Tyndall Federal Credit Union and their new credit bureau partner. If Tyndall forms a partnership and a problem arises from anywhere within, it is Tyndall Federal Credit Union's unswerving responsibility to step forward and shoulder both the incident and the outcome. As consumers, we are all too weathered by institutions who in the face of exposure quickly step aside to explain how a problem is anywhere but firmly in their grasp.

I will never apply for membership with Tyndall Federal Credit Union or any other organization who seeks protection rather than embraces full responsibility. This is particularly true where my assets are concerned. Tyndall claimed in their review that the protection of their customers' assets is first and foremost. Yet in their own words, Tyndall isn't even aware of the illegal actions by their own new partner. How could they possibly protect my assets within the same sphere of absence of knowledge regarding the actions of their own partner?



Health Grade Components

NCUA #10754
Year Chartered1956
Primary Regulator
Profit Margin
Return on Assets - YTD0.49%
Return on Equity - YTD4.43%
Annual Interest Income$48.1MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$1.81B$1.63B
LoansQ4 2020vs Q4 2019$840.7MM$744.9MM
DepositsQ4 2020vs Q4 2019$1.51B$1.41B
Equity CapitalQ4 2020vs Q4 2019$204.1MM$178.7MM
Loan Loss AllowanceQ4 2020vs Q4 2019$4.1MM$6.0MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$974.00K$1.1MM
Real Estate OwnedQ4 2020vs Q4 2019$0$113.00K
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Tyndall Federal 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.

Tyndall Federal Credit Union Savings Account Rates

1.50%$50-IRA Contributory
0.01%$5-Regular Share
0.01%$5-Club Account

Tyndall Federal Credit Union Money Market Rates

0.05%$1k-Money Market

Tyndall Federal Credit Union Checking Account Rates

2.02%*-$25kSmart Checking Smart Rate - Qualifying (Monthly Debits & DD)
OTHER TIERS: 0.05% $50k+ | 1.00% $25k - $50k

Tyndall Federal Credit Union CD Rates

0.60%$1k-48 Month CD
0.50%$1k-60 Month CD
0.45%$1k-36 Month CD
0.35%$1k-24 Month CD
0.25%$1k-12 Month CD

Tyndall Federal Credit Union IRA Rates

0.70%$1k-60 Month IRA
0.65%$1k-48 Month IRA
0.60%$1k-36 Month IRA
0.50%$1k-24 Month IRA
0.40%$1k-12 Month IRA


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.