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SANTA ROSA COUNTY FEDERAL CREDIT UNION

Sep, 30, 2025 — SANTA ROSA COUNTY FEDERAL CREDIT UNION is a federal credit union headquartered in MILTON, FL with 5 branch locations and about $211.46 million in total assets. Opened 69 years ago in 1957, SANTA ROSA COUNTY FEDERAL CREDIT UNION has about 13,730 members and employs 44 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:SANTA ROSA COUNTY FEDERAL CREDIT UNION
Address:
(Main Office)
5909 Stewart St
MILTON, FL 32570
Phone:(850) 623-3877
Fax:(850) 626-8916
Website:https://www.srcfcu.org
Branches:5 branch locations
Members:13,730
Credit Union Type:Federal Credit Union
Charter Number:11780
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1957
Last Audited:Jun 01, 2025
FHLB Member:Yes
Low Income Designation:No
Assets:$211,462,260
CEO/Manager:Steve German
Chairperson:Paul O Hinson

Call Report

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  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 13,363,650
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 17,675,114
 Unsecured Loans 14,662,089
 Other Loans 52,946,404
 TOTAL LOANS 85,283,608
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -899,766
 Land And Building 3,074,732
 Other Fixed Assets 590,728
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 1,673,772
 All Other Assets 124,027
  TOTAL ASSETS 211,462,260
LIABILITIES & CAPITAL:  
 Dividends Payable 301
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 963,662
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 41,806,606
 Regular shares 101,876,055
 All Other Shares & Deposits 42,338,287
  TOTAL SHARES & DEPOSITS 186,020,948
  TOTAL LIABILITIES 186,984,911
 Regular Reserve 0
 Other Reserves -4,055,278
 Undivided Earnings 28,532,627
  TOTAL EQUITY 24,477,349
  TOTAL LIABILITIES, SHARES, & EQUITY 211,462,260
INCOME & EXPENSE  
 Loan Income 4,239,683
 Investment Income 2,875,414
 Other Income 1,026,767
 Total Employee Compensation & Benefits 2,533,971
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 2,773,833
 Non-operating Income & (Expense) -101
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 574,000
 Cost of Funds 1,539,887
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,739,397
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