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COMPASS FINANCIAL FEDERAL CREDIT UNION

Sep, 30, 2025 — COMPASS FINANCIAL FEDERAL CREDIT UNION is a federal credit union headquartered in MEDLEY, FL with 1 branch location and about $23.98 million in total assets. Opened 90 years ago in 1936, COMPASS FINANCIAL FEDERAL CREDIT UNION has about 4,022 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:COMPASS FINANCIAL FEDERAL CREDIT UNION
Address:
(Main Office)
9960 NW 116th Way Ste 5
MEDLEY, FL 33178-1174
Phone:(305) 887-9781
Fax:(305) 887-3310
Website:https://www.compassffcu.org
Branches:1 branch locations
Members:4,022
Credit Union Type:Federal Credit Union
Charter Number:1068
Membership Type:Multiple common bond - Primarily transportation
Corporate Credit Union:No
Year Opened:1936
Last Audited:Mar 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$23,978,502
CEO/Manager:Leonardo M Acosta
Chairperson:Raymond J Jones

Call Report

  • Credit Builder
  • Payday Alternative Loans (PAL Loans)
  • First Time Homebuyer Program

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,791,544
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 1,997,296
 Unsecured Loans 1,378,333
 Other Loans 14,748,721
 TOTAL LOANS 18,124,350
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -65,929
 Land And Building 0
 Other Fixed Assets 507,507
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 174,260
 All Other Assets 36,834
  TOTAL ASSETS 23,978,502
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 806,756
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 4,089,538
 Regular shares 9,392,822
 All Other Shares & Deposits 6,930,291
  TOTAL SHARES & DEPOSITS 20,412,651
  TOTAL LIABILITIES 21,219,407
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 2,759,095
  TOTAL EQUITY 2,759,095
  TOTAL LIABILITIES, SHARES, & EQUITY 23,978,502
INCOME & EXPENSE  
 Loan Income 1,086,522
 Investment Income 47
 Other Income 267,115
 Total Employee Compensation & Benefits 691,035
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 613,056
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 233,081
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 61,342
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