Tropical Financial Credit Union

Tropical Financial Credit Union was chartered in 1935 and its charter number is 68476. Tropical Financial Credit Union's address registered with the NCUA is P.O. BOX 829517, MIRAMAR, FL 33082 As of 10/20/06, Tropical Financial CU reported $676,477,692 in assets. The credit union currently has 66,743 members. It's Manager/CEO is Greg L. Blount. The credit unions website is www.tropicalfcu.org

Tropical Financial Credit Union is a member of the Florida Credit Union League.

 
Mortgage Options

Tropical Financial Credit Union offers competitive Fixed Rate First Mortgages featuring a monthly payment for the life of the loan; 15, 20, 30, and 40-year terms are available. Tropical Financial CU offers Adjustable Rate loans that are attractive because of their initial lower interest rate and payment. They are available in 5, 7, and 10-year options and include an option to convert to a fixed rate. With a Home Equity Loan or Home Equity Line of Credit from Pen Air you can borrow up to 90% of your home's value with the security of fixed rates and set monthly payments. The terms available are up to 20 years. TFCU also has available 15, 20, and 30-year Jumbo Loans and Bi-weekly loans.


Tropical Financial Credit Union Financial Evaluation
2006
Total Assets: $689,796,545.00
Total Loans: $524,487,062.00
Net Worth Ratio: 9.77
% Share Growth: 0.82
% Loan Growth: 2.97
Loans/Assets Ratio: 76.03
Loans/Assets Ratio: 19.54
Numbers of Members: 65,895
Number of Full-time Employees: 255
 
2005
Total Assets: $669,886,556.00
Total Loans: $509,334,164.00
Net Worth Ratio: 9.45
% Share Growth: 3.58
% Loan Growth: 4.01
Loans/Assets Ratio: 76.03
Loans/Assets Ratio: 18.77
Numbers of Members: 66,156
Number of Full-time Employees: 271
 
2004
Total Assets: $655,120,186.00
Total Loans: $489,692,724.00
Net Worth Ratio: 8.38
% Share Growth: 8.05
% Loan Growth: 15.29
Loans/Assets Ratio: 74.74
Loans/Assets Ratio: 20.28
Numbers of Members: 63,900
Number of Full-time Employees: 292
 
 

 
Type of Loan  
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Mortgage Options
Banking Services
 
 

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