Sep, 30, 2025 — MCCOY FEDERAL CREDIT UNION is a federal credit union headquartered in ORLANDO, FL with 15 branch locations and about $1.00 billion in total assets. Opened 72 years ago in 1954, MCCOY FEDERAL CREDIT UNION has about 80,927 members and employs 212 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MCCOY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 41 W Michigan St ORLANDO, FL 32806 |
| Phone: | (407) 855-5452 |
| Fax: | (407) 472-2792 |
| Website: | https://www.mccoyfcu.org |
| Branches: | 15 branch locations |
| Members: | 80,927 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 9915 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,000,909,377 |
| CEO/Manager: | Alvin J Cowans |
| Chairperson: | Samuel Davis, Jr |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 94,916,817 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 156,570,367 |
| Unsecured Loans | 38,211,753 |
| Other Loans | 477,905,638 |
| TOTAL LOANS | 677,276,731 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -11,782,667 |
| Land And Building | 25,367,954 |
| Other Fixed Assets | 4,017,283 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 8,006,419 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,000,909,377 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 50,000,000 |
| Accounts Payable & Other Liabilities | 7,560,610 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 188,327,697 |
| Regular shares | 388,204,427 |
| All Other Shares & Deposits | 287,415,492 |
| TOTAL SHARES & DEPOSITS | 863,947,616 |
| TOTAL LIABILITIES | 921,533,459 |
| Regular Reserve | 0 |
| Other Reserves | -14,688,686 |
| Undivided Earnings | 94,064,604 |
| TOTAL EQUITY | 79,375,918 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,000,909,377 |
| INCOME & EXPENSE | |
| Loan Income | 27,420,504 |
| Investment Income | 4,700,065 |
| Other Income | 7,641,888 |
| Total Employee Compensation & Benefits | 11,141,002 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 15,075,350 |
| Non-operating Income & (Expense) | 10,204 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,988,214 |
| Cost of Funds | 8,707,222 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 4,511,992 |
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