MADISON EDUCATION ASSOC. Credit Union Profile

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MADISON EDUCATION ASSOC.

Charter #67630 | NCUA Region 2 | FISCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (850) 973-3132

Fax: (850) 973-8444

Founding Date: N/A

Website: http://madisoncuonline.org

Personnel & Operations

President: Akerman, Joseph

Manager: Shiver, Gena

FT Employees: 0

PT Employees: 3

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 1

Hours: Tues and Thurs 10:00 - 5:00

Credit Union Profile Summary

MADISON EDUCATION ASSOC. is a FISCU Credit Union. With a total of 759 members [1], this institution manages approximately $7,190,461 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 13.93% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 16.99% [1].

Financial Snapshot

Total Assets [1]
$7,190,461

Total economic resources.

Total Loans [1]
$3,174,775

Total value of outstanding loans.

Total Deposits [1]
$6,097,314

Total funds deposited by members.

Members [1]
759

Number of active members.

Performance Ratios

Net Worth Ratio [1]
13.93%

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]
0.24%

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

Loan-to-Share Ratio [1]
52.07%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 10.81%

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

Loan Growth (4Q) [1]
↑ 16.99%

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

Member Growth (4Q) [1]
↓ -2.44%

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

Headquarters Location & Map

Headquarters Address

373 NE Sumter St

Madison, FL, 32340-2540
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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 MADISON EDUCATION ASSOC. (Charter #67630).

Main Office

Main Office Main Office

Type: Corporate Office

373 NE Sumter St

Madison, FL 32340-2540

Phone: (850) 973-3132

Services: Member Services

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