Sep, 30, 2025 — GROW FINANCIAL FEDERAL CREDIT UNION is a federal credit union headquartered in TAMPA, FL with 26 branch locations and about $3.77 billion in total assets. Opened 71 years ago in 1955, GROW FINANCIAL FEDERAL CREDIT UNION has about 291,812 members and employs 624 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GROW FINANCIAL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1242 E 5th Ave Fl 4 TAMPA, FL 33605 |
| Phone: | (813) 837-2451 |
| Fax: | (813) 832-3619 |
| Website: | https://www.growfinancial.org |
| Branches: | 26 branch locations |
| Members: | 291,812 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 9976 |
|---|---|
| Membership Type: | Multiple common bond - Primarily military |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $3,770,681,343 |
| CEO/Manager: | Thomas Feindt |
| Chairperson: | Richard Reeder |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 208,601,619 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,129,089,173 |
| Unsecured Loans | 149,908,343 |
| Other Loans | 1,606,801,689 |
| TOTAL LOANS | 2,886,025,453 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -42,871,810 |
| Land And Building | 29,455,101 |
| Other Fixed Assets | 14,362,503 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 29,301,365 |
| All Other Assets | 1,748,471 |
| TOTAL ASSETS | 3,770,681,343 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 170,980,960 |
| Accounts Payable & Other Liabilities | 53,701,933 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 606,888,430 |
| Regular shares | 549,023,026 |
| All Other Shares & Deposits | 1,968,957,719 |
| TOTAL SHARES & DEPOSITS | 3,124,869,176 |
| TOTAL LIABILITIES | 3,349,741,792 |
| Regular Reserve | 0 |
| Other Reserves | 3,626,788 |
| Undivided Earnings | 417,312,763 |
| TOTAL EQUITY | 420,939,551 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,770,681,343 |
| INCOME & EXPENSE | |
| Loan Income | 128,019,261 |
| Investment Income | 20,727,645 |
| Other Income | 8,674,810 |
| Total Employee Compensation & Benefits | 52,726,545 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 43,198,756 |
| Non-operating Income & (Expense) | 12,965,902 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 17,756,270 |
| Cost of Funds | 47,037,249 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 29,448,891 |
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