FARMERS Credit Union Profile

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FARMERS

Charter #26 | NCUA Region 2 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (904) 764-4591

Fax: (904) 766-0099

Founding Date: N/A

Website: http://WWW.FARMERSFCU.COM

Personnel & Operations

President: ANDERSON JR, DAVID

Manager: WHITFIELD, THERESA

FT Employees: 3

PT Employees: 4

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 98

Branches: 1

Hours: SATURDAY 8-1 LOBBY/DRIVE THRU DRIVE THRU 7

Credit Union Profile Summary

FARMERS is a FCU Credit Union. With a total of 1,167 members [1], this institution manages approximately $21,663,921 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 10.37% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -2.58% [1].

Financial Snapshot

Total Assets [1]
$21,663,921

Total economic resources.

Total Loans [1]
$6,092,173

Total value of outstanding loans.

Total Deposits [1]
$19,343,667

Total funds deposited by members.

Members [1]
1,167

Number of active members.

Performance Ratios

Net Worth Ratio [1]
10.37%

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]
0.77%

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

Loan-to-Share Ratio [1]
31.49%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
2.07%

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

Loan Growth (4Q) [1]
-2.58%

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

Member Growth (4Q) [1]
-1.44%

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

Headquarters Location & Map

Headquarters Address

6611 DUNN AVE

JACKSONVILLE, FL, 32218

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 FARMERS (Charter #26).

Main Office

FARMERS FEDERAL CREDIT UNION Main Office

Type: Corporate Office

6611 DUNN AVE

Jacksonville, FL 32218

Phone: (904) 764-4591

Services: Member Services, Drive-Thru

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