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First Coast Credit Union

Overview
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First Coast Credit Union is a federal credit union based in Jacksonville, Florida. It has been opened since 1935, for 85 years.

With around $9,220,000 in assets, First Coast Credit Union is considered to be a medium size credit union.

About
Address 3040 Edison Avenue
Jacksonville, Florida 32254
Website http://www.firstcoastfcu.com
Phone (904) 387-5660
Fax (904) 387-6894
CEO Susan L. Cantrell
President of the Board Marsha Hart
Services Offered
Map
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Score Card
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85 years
Years in business
Opened in 1935
Well Capitalized
Net worth classification
Source: NCUA
1,732 members
Membership type: Multiple common bond – primary transportation
Below average number of members
433:1
Credit union member to staff ratio
433 per each FTE employee
Compared to 411:1 nationally
Fewer staff
$9,217,737
Total assets
Below average
1 branch
Compared with an average of 4 nationally and 7 in Florida
Average number of branches
0.25%
Savings interest rate
Compared to 0.3% nationally
8.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches
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1 branch
Compared with an average of 4 nationally and 7 in Florida
Average number of branches
First Coast Credit Union Branch Locations

First Coast Federal Credit Union
3040 Edison Avenue
Jacksonville, Florida 32254
No ATM
Members
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1,732 members
Membership type: Multiple common bond – primary transportation
Below average number of members

With 1,732 members, the First Coast Credit Union is considered to be a small credit union. It is smaller than 69% of credit unions.

Fees
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$80
Average fee per member
The average fee per member at the First Coast Credit Union is $80, which is high compared to most credit unions. This rate is higher than 74% of all credit unions.
Fees are higher than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the First Coast Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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433:1
Credit union member to staff ratio
433 per each FTE employee
Compared to 411:1 nationally
Fewer staff
4 staff members
FTE (full-time equivalent)
40% of employees are part-time
3 full-time, 2 part-time

First Coast Credit Union has 3 full-time staff members and 2 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 60% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. First Coast Credit Union has around 433 members per staff, a higher ratio compared to other credit unions.

Assets
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$9,217,737
Total assets
Below average
Net worth
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
14.4%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases
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$6,232
Average loan and lease size
Loan & lease sizes are very small. They are smaller than at 84% of credit unions.

First Coast Credit Union holds a total of $5,650,000 in loans and leases, which is about $6,232 per member on average.

Savings interest rate
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0.25%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. First Coast Credit Union pays 0.25%.

Loan rates
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8.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
8.69%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
2.40%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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6.21%
New car loan rate
Compared to 4.0% nationally
2.03%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
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10.50%
Other real estate loan rates
Compared to 0.9% nationally
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Average Fee
Credit Card Loan Interest Rate
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