Credit Unions Near Me
National Credit Union Service Organization

SOUTH FLORIDA EDUCATIONAL FEDERAL CREDIT UNION

Mar, 31, 2021 — SOUTH FLORIDA EDUCATIONAL FEDERAL CREDIT UNION is a federal credit union headquartered in MIAMI, FL with 7 branch locations and about $1.53 billion in total assets. Opened 86 years ago in 1935, SOUTH FLORIDA EDUCATIONAL FEDERAL CREDIT UNION has about 87,942 members and employs 273 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 267077821
Name:SOUTH FLORIDA EDUCATIONAL FEDERAL CREDIT UNION
Address:
(Main Office)
7800 SW 117TH AVE
MIAMI, FL 33183-3825
Phone:(305) 270-5200
Fax:
Website:http://www.edfed.org
Branches:7 branch locations
Members:87,942
Credit Union Type:Federal Credit Union
Charter Number:176
Membership Type:Multiple common bond - Primarily educational
Corporate Credit Union:No
Year Opened:1935
Last Audited:Mar 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$1,532,873,001
CEO/Manager:Michael DiBenedetto
Chairperson:Enrique Horstmann

Call Report

  • Overdraft Protection
  • Participation Loans
  • Pay Day Loans
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • First Time Homebuyer Program
  • Health Savings Accounts
  • In-School Branches
  • Insurance/Investment Sales
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 225,295,930
TOTAL INVESTMENTS 731,154,186
Loans Held for Sale 0
 
 Real Estate Loans 294,528,381
 Unsecured Loans 60,701,854
 Other Loans 146,939,548
 TOTAL LOANS 502,169,783
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,518,701
 Land And Building 24,133,024
 Other Fixed Assets 829,515
 NCUSIF Deposit 10,496,338
 All Other Assets 40,312,926
  TOTAL ASSETS 1,532,873,001
LIABILITIES & CAPITAL:  
 Dividends Payable 130,016
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 12,361,191
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 308,941,708
 Regular shares 811,704,535
 All Other Shares & Deposits 158,915,438
  TOTAL SHARES & DEPOSITS 1,279,561,681
  TOTAL LIABILITIES 1,292,052,888
 Regular Reserve 170,000,000
 Other Reserves 7,359,588
 Undivided Earnings 63,460,525
  TOTAL EQUITY 240,820,113
  TOTAL LIABILITIES, SHARES, & EQUITY 1,532,873,001
INCOME & EXPENSE  
 Loan Income 5,233,272
 Investment Income 2,437,004
 Other Income 1,179,446
 Total Employee Compensation & Benefits 5,080,918
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 3,657,748
 Non-operating Income & (Expense) 724
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -8,238
 Cost of Funds 331,216
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,253,074
↑ Back to Top

Other Credit Unions

ELECTRICIANS' LOCAL 349 CREDIT UNION
1657 NW 17TH AVE
MIAMI, FL 33125
SHAW-ROSS EMPLOYEES CREDIT UNION
1600 NW 163RD ST
MIAMI, FL 33169-5641
MIAMI FEDERAL CREDIT UNION
51 SW 1ST AVENUE, SUITE 604
MIAMI, FL 33130
COMPASS FINANCIAL FEDERAL CREDIT UNION
PO BOX 160580
HIALEAH, FL 33016
HIALEAH MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION
1301 W 68th Street, Suite D
HIALEAH, FL 33014
BAPTIST HEALTH SOUTH FLORIDA FEDERAL CREDIT UNION
13200 SW 128th St, Building C-1
MIAMI, FL 33186
UNITED POLICE FEDERAL CREDIT UNION
P.O. Box 352077
MIAMI, FL 33135
UNIVERSITY CREDIT UNION
13241 SW 136TH ST
MIAMI, FL 33186-5822
MIAMI POSTAL SERVICE CREDIT UNION
2190 NW 72 AVENUE
MIAMI, FL 33122
MIAMI FIREFIGHTERS FEDERAL CREDIT UNION
1111 NW 7TH ST
MIAMI, FL 33136