Sep, 30, 2025 — JAX FEDERAL CREDIT UNION is a federal credit union headquartered in JACKSONVILLE, FL with 8 branch locations and about $704.91 million in total assets. Opened 91 years ago in 1935, JAX FEDERAL CREDIT UNION has about 41,974 members and employs 133 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | JAX FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 562 Park St JACKSONVILLE, FL 32204-2918 |
| Phone: | (904) 475-8000 |
| Fax: | (904) 359-8328 |
| Website: | https://www.radificu.org |
| Branches: | 8 branch locations |
| Members: | 41,974 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 340 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $704,913,184 |
| CEO/Manager: | John J Servos |
| Chairperson: | Rodomir Desir |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 28,413,933 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 339,867,011 |
| Unsecured Loans | 47,516,657 |
| Other Loans | 143,261,361 |
| TOTAL LOANS | 530,645,029 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,587,913 |
| Land And Building | 9,047,054 |
| Other Fixed Assets | 1,809,447 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 4,914,106 |
| All Other Assets | 238,250 |
| TOTAL ASSETS | 704,913,184 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 700,537 |
| Notes & Interest Payable | 86,926,349 |
| Accounts Payable & Other Liabilities | 9,735,943 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 118,483,583 |
| Regular shares | 135,155,711 |
| All Other Shares & Deposits | 296,797,519 |
| TOTAL SHARES & DEPOSITS | 550,436,813 |
| TOTAL LIABILITIES | 647,799,642 |
| Regular Reserve | 0 |
| Other Reserves | -7,232,646 |
| Undivided Earnings | 64,346,188 |
| TOTAL EQUITY | 57,113,542 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 704,913,184 |
| INCOME & EXPENSE | |
| Loan Income | 21,759,071 |
| Investment Income | 3,406,292 |
| Other Income | 2,069,674 |
| Total Employee Compensation & Benefits | 9,530,523 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 9,465,625 |
| Non-operating Income & (Expense) | 159,484 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,656,607 |
| Cost of Funds | 7,152,438 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,465,504 |
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