Sep, 30, 2025 — FLORIDA STATE UNIVERSITY CREDIT UNION is a federally insured state chartered credit union headquartered in TALLAHASSEE, FL with 10 branch locations and about $510.19 million in total assets. Opened 35 years ago in 1991, FLORIDA STATE UNIVERSITY CREDIT UNION has about 32,540 members and employs 87 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 STATE UNIVERSITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 2520 N Monroe St TALLAHASSEE, FL 32303-4052 |
| Phone: | (850) 224-4960 |
| Fax: | |
| Website: | https://www.championsfirst.org |
| Branches: | 10 branch locations |
| Members: | 32,540 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67874 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1991 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $510,189,176 |
| CEO/Manager: | Charles E Adcock |
| Chairperson: | Stacy Sirmans |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 34,653,395 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 154,812,562 |
| Unsecured Loans | 36,024,115 |
| Other Loans | 216,835,989 |
| TOTAL LOANS | 407,766,926 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,235,638 |
| Land And Building | 18,463,340 |
| Other Fixed Assets | 676,690 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 4,180,240 |
| All Other Assets | 364,993 |
| TOTAL ASSETS | 510,189,176 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 5,783,358 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 76,140,250 |
| Regular shares | 137,695,766 |
| All Other Shares & Deposits | 239,059,913 |
| TOTAL SHARES & DEPOSITS | 452,895,930 |
| TOTAL LIABILITIES | 458,696,996 |
| Regular Reserve | 0 |
| Other Reserves | 12,246,851 |
| Undivided Earnings | 39,245,329 |
| TOTAL EQUITY | 51,492,180 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 510,189,176 |
| INCOME & EXPENSE | |
| Loan Income | 17,190,927 |
| Investment Income | 1,642,293 |
| Other Income | 2,160,571 |
| Total Employee Compensation & Benefits | 6,451,251 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 6,160,594 |
| Non-operating Income & (Expense) | 398,985 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,529,251 |
| Cost of Funds | 6,193,127 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,074,792 |
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