FLORIDA A & M UNIVERSITY Credit Union Profile

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FLORIDA A & M UNIVERSITY

Charter #187 | NCUA Region 2 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (850) 222-4541

Fax: (850) 222-5401

Founding Date: N/A

Website: http://www.famufcu.com

Personnel & Operations

President: Alexander, Lorenzo

Manager: Montgomery, Sheilah

FT Employees: 8

PT Employees: 2

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 34

Branches: 1

Hours: 8:30 AM - 5:00 PM Monday - Thursday 8:00 AM

Credit Union Profile Summary

FLORIDA A & M UNIVERSITY is a FCU Credit Union. With a total of 3,827 members [1], this institution manages approximately $28,114,854 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 13.82% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -5.82% [1].

Financial Snapshot

Total Assets [1]
$28,114,854

Total economic resources.

Total Loans [1]
$10,302,910

Total value of outstanding loans.

Total Deposits [1]
$24,052,597

Total funds deposited by members.

Members [1]
3,827

Number of active members.

Performance Ratios

Net Worth Ratio [1]
13.82%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
2.48%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
42.83%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
-3.67%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
-5.82%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
-3.14%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

1610 S Monroe St

Tallahassee, FL, 32301-5524

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by FLORIDA A & M UNIVERSITY (Charter #187).

Main Office

FAMU Federal Credit Union Main Office

Type: Corporate Office

1610 S Monroe St

Tallahassee, FL 32301-5524

Phone: (850) 222-4541

Services: Member Services, ATM, Drive-Thru

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