#382 of 500 · Member & Benefit Funds

Midflorida Credit Union

EIN 59-6194363 · FL · NTEE n/a · Form 990, fiscal 2023

A not-for-profit, member-owned financial cooperative headquartered in Lakeland, Florida. It provides consumer and business banking services including checking and savings accounts, loans, mortgages, and credit cards through a network of branches across central and other regions of Florida. As a credit union, it returns value to members through competitive rates and lower fees, and supports its communities through financial education, scholarships, and charitable giving.

Financials, fiscal 2023

Revenue

$407.8M

Expenses

$307.7M

Total assets

$7.52B

Net assets

$714.5M

Operating margin

24.5%

1-year growth

30.5%

5-year growth (CAGR)

16.4%

Reserve (years of spending)

27.9

Contributions share

n/a

Programme spending

93.4%

Fundraising cost

n/a

Executive pay share

1.87%

Employees

1,713

Revenue per employee

$238K

Grants paid

n/a

Years filing

56

NFP Health Score: 81 / 100

Financial 67 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To improve the financial well-being of its members.

Revenue history