Sep, 30, 2025 — MEMBERS FIRST CREDIT UNION OF FLORIDA is a federally insured state chartered credit union headquartered in PENSACOLA, FL with 7 branch locations and about $306.42 million in total assets. Opened 72 years ago in 1954, MEMBERS FIRST CREDIT UNION OF FLORIDA has about 19,848 members and employs 80 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MEMBERS FIRST CREDIT UNION OF FLORIDA |
|---|---|
| Address: (Main Office) | 251 W Garden St PENSACOLA, FL 32502-5728 |
| Phone: | (850) 434-2211 |
| Fax: | (850) 433-8346 |
| Website: | https://www.membersfirstfl.org |
| Branches: | 7 branch locations |
| Members: | 19,848 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61160 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $306,424,953 |
| CEO/Manager: | Michele Williams |
| Chairperson: | Clarence Ladner |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 28,552,490 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 55,332,364 |
| Unsecured Loans | 17,069,747 |
| Other Loans | 65,166,374 |
| TOTAL LOANS | 137,568,485 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,826,022 |
| Land And Building | 7,332,876 |
| Other Fixed Assets | 557,494 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,344,615 |
| All Other Assets | 35,281 |
| TOTAL ASSETS | 306,424,953 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,546,574 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 57,487,582 |
| Regular shares | 155,023,639 |
| All Other Shares & Deposits | 47,401,972 |
| TOTAL SHARES & DEPOSITS | 259,913,194 |
| TOTAL LIABILITIES | 263,459,768 |
| Regular Reserve | 0 |
| Other Reserves | -1,413,478 |
| Undivided Earnings | 44,378,663 |
| TOTAL EQUITY | 42,965,185 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 306,424,953 |
| INCOME & EXPENSE | |
| Loan Income | 6,239,039 |
| Investment Income | 4,137,376 |
| Other Income | 1,658,651 |
| Total Employee Compensation & Benefits | 4,230,639 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 3,968,284 |
| Non-operating Income & (Expense) | 24,940 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 742,060 |
| Cost of Funds | 1,490,879 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,330,412 |
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