First Florida Ranks in Top 2 Percent of Credit Unions Nationwide
First Florida Credit Union is proud to announce that DepositAccounts.com, a subsidiary of LendingTree, recently named First Florida to its list of 2020 Top 200 Healthiest Credit Unions in America.
In fact, First Florida ranked 82 out of 5,321 NCUA insured credit unions. This honor came on the heels of a record year for the credit union. At the end of 2019, First Florida exceeded $1 billion in assets and increased its net worth to 14.25 percent, which is double the percentage the NCUA requires to consider a credit union well-capitalized.
The organization’s strong capital position and commitment to sustainable, strategic growth are what carries First Florida through challenging times like the COVID-19 pandemic.
Circumstances may change operations logistically, but it does not change First Florida’s core values or its ability to provide members with financial solutions when they need them most.