Sep, 30, 2025 — FLORIDA CREDIT UNION is a federally insured state chartered credit union headquartered in GAINESVILLE, FL with 14 branch locations and about $2.53 billion in total assets. Opened 72 years ago in 1954, FLORIDA CREDIT UNION has about 174,618 members and employs 323 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FLORIDA CREDIT UNION |
|---|---|
| Address: (Main Office) | 1615 NW 80th Blvd GAINESVILLE, FL 32606 |
| Phone: | (352) 377-4141 |
| Fax: | (352) 264-2654 |
| Website: | https://www.flcu.org |
| Branches: | 14 branch locations |
| Members: | 174,618 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60497 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $2,531,262,143 |
| CEO/Manager: | Mark (CEO) Starr |
| Chairperson: | Lynn P Jones, SR |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 345,936,548 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 67,500 |
| Real Estate Loans | 586,919,964 |
| Unsecured Loans | 187,719,854 |
| Other Loans | 1,289,247,135 |
| TOTAL LOANS | 2,066,348,114 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -24,008,820 |
| Land And Building | 61,437,125 |
| Other Fixed Assets | 8,004,655 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 17,316,239 |
| All Other Assets | 3,488,781 |
| TOTAL ASSETS | 2,531,262,143 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 89,723 |
| Notes & Interest Payable | 40,000,000 |
| Accounts Payable & Other Liabilities | 29,813,586 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 491,249,065 |
| Regular shares | 348,865,257 |
| All Other Shares & Deposits | 1,295,830,710 |
| TOTAL SHARES & DEPOSITS | 2,135,945,033 |
| TOTAL LIABILITIES | 2,205,863,493 |
| Regular Reserve | 0 |
| Other Reserves | 2,519,688 |
| Undivided Earnings | 322,878,962 |
| TOTAL EQUITY | 325,398,650 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,531,262,143 |
| INCOME & EXPENSE | |
| Loan Income | 102,420,251 |
| Investment Income | 11,194,063 |
| Other Income | 14,291,312 |
| Total Employee Compensation & Benefits | 24,878,572 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 28,272,883 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 17,109,218 |
| Cost of Funds | 41,140,832 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 28,582,428 |
| ↑ Back to Top | |