Sep, 30, 2025 — USF FEDERAL CREDIT UNION is a federal credit union headquartered in TEMPLE TERRACE, FL with 10 branch locations and about $1.29 billion in total assets. Opened 41 years ago in 1985, USF FEDERAL CREDIT UNION has about 78,350 members and employs 227 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | USF FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 13101 Telecom Park Drive, Suite 100 TEMPLE TERRACE, FL 33637 |
| Phone: | (813) 569-2000 |
| Fax: | |
| Website: | https://www.usffcu.com |
| Branches: | 10 branch locations |
| Members: | 78,350 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24223 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1985 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,290,083,787 |
| CEO/Manager: | Richard J Skaggs |
| Chairperson: | Richard Will |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 86,236,524 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 485,674,546 |
| Unsecured Loans | 94,147,314 |
| Other Loans | 538,455,594 |
| TOTAL LOANS | 1,118,804,987 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -9,744,893 |
| Land And Building | 18,838,621 |
| Other Fixed Assets | 4,758,271 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 9,387,587 |
| All Other Assets | 341,600 |
| TOTAL ASSETS | 1,290,083,787 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 52,500,000 |
| Accounts Payable & Other Liabilities | 14,088,695 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 27,000,000 |
| Share Drafts | 157,960,884 |
| Regular shares | 200,321,886 |
| All Other Shares & Deposits | 728,127,784 |
| TOTAL SHARES & DEPOSITS | 1,086,410,554 |
| TOTAL LIABILITIES | 1,180,037,203 |
| Regular Reserve | 0 |
| Other Reserves | 4,247,008 |
| Undivided Earnings | 105,799,576 |
| TOTAL EQUITY | 110,046,584 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,290,083,787 |
| INCOME & EXPENSE | |
| Loan Income | 49,631,498 |
| Investment Income | 4,403,285 |
| Other Income | 4,683,586 |
| Total Employee Compensation & Benefits | 19,489,842 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 15,600,695 |
| Non-operating Income & (Expense) | 2,826 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 8,654,388 |
| Cost of Funds | 17,159,338 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,564,640 |
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