Sep, 30, 2025 — JM ASSOCIATES FEDERAL CREDIT UNION is a federal credit union headquartered in JACKSONVILLE, FL with 5 branch locations and about $144.06 million in total assets. Opened 46 years ago in 1980, JM ASSOCIATES FEDERAL CREDIT UNION has about 8,808 members and employs 29 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | JM ASSOCIATES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 9987 Pritchard Rd JACKSONVILLE, FL 32219-2894 |
| Phone: | (904) 378-4588 |
| Fax: | (904) 378-4583 |
| Website: | https://www.jmafcu.org |
| Branches: | 5 branch locations |
| Members: | 8,808 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 23709 |
|---|---|
| Membership Type: | Service - Transportation |
| Corporate Credit Union: | No |
| Year Opened: | 1980 |
| Last Audited: | Sep 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $144,062,097 |
| CEO/Manager: | James M Ryan |
| Chairperson: | Carolyn Weeden |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 5,603,341 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 41,173,129 |
| Unsecured Loans | 22,878,700 |
| Other Loans | 35,063,734 |
| TOTAL LOANS | 99,115,563 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,282,006 |
| Land And Building | 0 |
| Other Fixed Assets | 52,883 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,185,299 |
| All Other Assets | 0 |
| TOTAL ASSETS | 144,062,097 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,491,827 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 20,960,048 |
| Regular shares | 25,592,870 |
| All Other Shares & Deposits | 78,291,324 |
| TOTAL SHARES & DEPOSITS | 124,844,242 |
| TOTAL LIABILITIES | 126,336,207 |
| Regular Reserve | 0 |
| Other Reserves | -4,377,978 |
| Undivided Earnings | 22,103,868 |
| TOTAL EQUITY | 17,725,890 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 144,062,097 |
| INCOME & EXPENSE | |
| Loan Income | 5,131,706 |
| Investment Income | 914,698 |
| Other Income | 350,122 |
| Total Employee Compensation & Benefits | 2,572,066 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,429,909 |
| Non-operating Income & (Expense) | 7 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 750,000 |
| Cost of Funds | 1,815,644 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 303,757 |
| ↑ Back to Top | |