INNOVATIONS FINANCIAL Credit Union Profile

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INNOVATIONS FINANCIAL

Charter #68732 | NCUA Region 2 | FISCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (850) 233-4400

Fax:

Founding Date: N/A

Website: http://www.innovationsfcu.org

Personnel & Operations

President: Scribner, Joshua

Manager: Southall, David

FT Employees: 98

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 9.83%

Membership Type: 99

Branches: 9

Hours: Lobby Mon-Fri 9am-5pm Drive-thru Mon-Fri 8a

Credit Union Profile Summary

INNOVATIONS FINANCIAL is a FISCU Credit Union. With a total of 26,389 members [1], this institution manages approximately $620,337,142 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 9.45% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 29.64% [1].

Financial Snapshot

Total Assets [1]
$620,337,142

Total economic resources.

Total Loans [1]
$485,571,791

Total value of outstanding loans.

Total Deposits [1]
$555,190,137

Total funds deposited by members.

Members [1]
26,389

Number of active members.

Performance Ratios

Net Worth Ratio [1]
9.45%

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]
0.86%

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

Loan-to-Share Ratio [1]
87.46%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 31.12%

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

Loan Growth (4Q) [1]
↑ 29.64%

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

Member Growth (4Q) [1]
↑ 7.65%

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

Headquarters Location & Map

Headquarters Address

910 Navy Boulevard

Panama City Bea, FL, 32408-7442
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 6 branches reported by INNOVATIONS FINANCIAL (Charter #68732).

Main Office

Innovations FCU Main Office

Type: Corporate Office

910 Thomas Dr

Panama City, FL 32408-7442

Phone: (850) 233-4400

Services: Member Services, ATM, Drive-Thru

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Additional Branches

Lynn Haven

Innovations FCU

Type: Branch Office

2250 S Highway 77

Lynn Haven, FL 32444-4620

Phone: (850) 233-4400

Services: Member Services, ATM, Drive-Thru

Open in Directions

Panama City

Innovation FCU

Type: Branch Office

1038 Harrison Ave

Panama City, FL 32401

Phone: (850) 233-4400

Services: Member Services, ATM, Drive-Thru

Open in Directions

Innovations FCU

Type: Branch Office

123 N Tyndall Pkwy

Panama City, FL 32404-6431

Phone: (850) 233-4400

Services: Member Services, ATM, Drive-Thru

Open in Directions

Innovations FCU

Type: Branch Office

512 W 23rd St

Panama City, FL 32405-3919

Phone: (850) 233-4400

Services: Member Services, ATM, Drive-Thru

Open in Directions

Panama City Beach

Innovations FCU

Type: Branch Office

17900 Panama City Beach PKwy

Panama City Beach, FL 32413-5503

Phone: (850) 233-4400

Services: Member Services, ATM

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