TROPICAL FINANCIAL Credit Union Profile

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TROPICAL FINANCIAL

Charter #68476 | NCUA Region 2 | FISCU

Low-Income Designation: Yes

Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (888) 261-8328

Fax: (954) 499-6758

Founding Date: N/A

Website: https://www.tropicalfcu.org

Personnel & Operations

President: Perez, Mike

Manager: Shaw, Richard

FT Employees: 180

PT Employees: 10

Designations & Ratios

MDI Status: No

RBC Ratio: 14.04%

Membership Type: 99

Branches: 6

Hours: 9.00 AM TO 5.00 PM

Credit Union Profile Summary

TROPICAL FINANCIAL is a FISCU Credit Union. With a total of 63,482 members ^[1], this institution manages approximately $1,017,850,071 in total assets ^[1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 8.77% ^[1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 2.60% ^[1].

Financial Snapshot

Total Assets ^[1]

$1,017,850,071

Total economic resources.

Total Loans ^[1]

$788,800,096

Total value of outstanding loans.

Total Deposits ^[1]

$905,868,926

Total funds deposited by members.

Members ^[1]

63,482

Number of active members.

Performance Ratios

Net Worth Ratio ^[1]

8.77%

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]

0.44%

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

Loan-to-Share Ratio ^[1]

87.08%

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

Four-Quarter Growth

Asset Growth (4Q) ^[1]

↑ 4.47%

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

Loan Growth (4Q) ^[1]

↑ 2.60%

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

Member Growth (4Q) ^[1]

↓ -5.71%

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

Headquarters Location & Map

Headquarters Address

3050 CORPORATE WAY

MIRAMAR, FL, 33025

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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

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Branch Locations

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