LAUNCH CREDIT UNION Credit Union Profile

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LAUNCH CREDIT UNION

Charter #68716 | NCUA Region 2 | FISCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (321) 455-9400

Fax: (321) 452-7007

Founding Date: N/A

Website: http://www.launchcu.com

Personnel & Operations

President: Montijo, Hollimarie

Manager: Mirachi, Joseph

FT Employees: 304

PT Employees: 2

Designations & Ratios

MDI Status: No

RBC Ratio: 12.36%

Membership Type: 99

Branches: 19

Hours: M-W 8AM-5PM: TH-F 8AM-6PM

Credit Union Profile Summary

LAUNCH CREDIT UNION is a FISCU Credit Union. With a total of 85,638 members [1], this institution manages approximately $1,416,833,148 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 8.92% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -3.80% [1].

Financial Snapshot

Total Assets [1]
$1,416,833,148

Total economic resources.

Total Loans [1]
$1,071,071,947

Total value of outstanding loans.

Total Deposits [1]
$1,175,305,283

Total funds deposited by members.

Members [1]
85,638

Number of active members.

Performance Ratios

Net Worth Ratio [1]
8.92%

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]
0.21%

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

Loan-to-Share Ratio [1]
91.13%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
1.44%

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

Loan Growth (4Q) [1]
-3.80%

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

Member Growth (4Q) [1]
0.56%

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

Headquarters Location & Map

Headquarters Address

300 S PLUMOSA ST

MERRITT ISLAND, FL, 32952

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

No approved reviews yet. Be the first to rate this Credit Union!

Branch Locations

Found 20 branches reported by LAUNCH CREDIT UNION (Charter #68716).

Main Office

Administration Building Main Office

Type: Corporate Office

300 S Plumosa St

Merritt Island, FL 32952

Phone: (321) 455-9400

Services: None specified

Open in Directions

Additional Branches

Cape Canaveral

Cape Canaveral Space Force Station

Type: Branch Office

14640 Hanger Rd

Cape Canaveral, FL 32920

Phone: (321) 455-9400

Services: Member Services, ATM

Open in Directions

Cocoa

Port St. John

Type: Branch Office

7347 N Highway 1

Cocoa, FL 32927

Phone: (321) 639-0600

Services: Member Services, ATM, Drive-Thru

Open in Directions

Deland

Deland

Type: Branch Office

301 W New York Ave

Deland, FL 32720

Phone: (386) 734-5200

Services: Member Services, ATM, Drive-Thru

Open in Directions

Edgewater

Edgewater

Type: Branch Office

2810 S Ridgewood Ave

Edgewater, FL 32141

Phone: (386) 428-7098

Services: Member Services, ATM, Drive-Thru

Open in Directions

Kennedy Space Center

KSC - MFF

Type: Branch Office

Mff Building Rm # 102

Kennedy Space Center, FL 32899

Phone: (321) 455-9420

Services: Member Services, ATM

Open in Directions

KSC Central Campus

Type: Branch Office

KSC Central Campus Building M7-0301

Room 1022

Kennedy Space Center, FL 32899

Phone: (321) 455-9410

Services: Member Services, ATM

Open in Directions

Melbourne

Melbourne - Whickham

Type: Branch Office

2200 N Wickham Rd

Melbourne, FL 32935

Phone: (321) 455-9400

Services: Member Services, ATM, Drive-Thru

Open in Directions

Melbourne Babcock

Type: Branch Office

685 S Babcock St

Melbourne, FL 32901

Phone: (321) 455-9400

Services: Member Services, ATM, Drive-Thru

Open in Directions

Merritt Island

Merritt Island

Type: Branch Office

415 Fortenberry Rd

Merritt Island, FL 32952

Phone: (321) 455-9400

Services: Member Services, ATM, Drive-Thru

Open in Directions

Orange City

Orange City

Type: Branch Office

2277 Veterans Memorial Pkwy

Orange City, FL 32763

Phone: (321) 455-9400

Services: Member Services, ATM, Drive-Thru

Open in Directions

School - University High School

Type: Branch Office

1000 W Rhode Island Ave

Orange City, FL 32763

Phone: (321) 455-9400

Services: Member Services, ATM

Open in Directions

Ormond Beach

Ormond Beach

Type: Branch Office

240 Williamson Blvd

Ormond Beach, FL 32174

Phone: (321) 455-9400

Services: Member Services, ATM, Drive-Thru

Open in Directions

Palm Bay

Palm Bay

Type: Branch Office

5225 Babcock St NE

Palm Bay, FL 32905

Phone: (321) 455-9400

Services: Member Services, ATM, Drive-Thru

Open in Directions

Port Orange

School - Spruce Creek High School

Type: Branch Office

801 Taylor Rd

Port Orange, FL 32127

Phone: (321) 455-9400

Services: Member Services, ATM

Open in Directions

Rockledge

Rockledge

Type: Branch Office

3300 Murrell Rd

Rockledge, FL 32955-4406

Phone: (321) 456-5340

Services: Member Services, ATM, Drive-Thru

Open in Directions

South Daytona

South Daytona

Type: Branch Office

2290 S Ridgewood Ave

South Daytona, FL 32119

Phone: (386) 761-9752

Services: Member Services, ATM, Drive-Thru

Open in Directions

Titusville

Titusville - Singleton

Type: Branch Office

90 S Singleton Ave

Titusville, FL 32796

Phone: (321) 455-9400

Services: Member Services, ATM, Drive-Thru

Open in Directions

Titusville - US1

Type: Branch Office

3950 S Washington Ave

Titusville, FL 32780

Phone: (321) 268-3070

Services: Member Services, ATM, Drive-Thru

Open in Directions

West Melbourne

West Melbourne

Type: Branch Office

4301 Norfolk Pkwy

West Melbourne, FL 32904-8603

Phone: (321) 455-9400

Services: Member Services, ATM, Drive-Thru

Open in Directions