#176 of 500 · Member & Benefit Funds
Suncoast Credit Union
A member-owned, not-for-profit financial cooperative headquartered in Tampa, Florida, and the largest credit union in Florida. Founded in 1934 as a teachers' credit union, it now serves people who live, work or attend school across many Florida counties, offering savings, checking, loans, mortgages and other financial products, and funds community programs through its affiliated foundation.
Open the interactive profileFinancials, fiscal 2023
- Revenue
- $876.9M
- Expenses
- $742.3M
- Total assets
- $17.40B
- Net assets
- $1.28B
- Operating margin
- 15.3%
- 1-year growth
- n/a
- 5-year growth (CAGR)
- 13.9%
- Reserve (years of spending)
- 20.8
- Contributions share
- n/a
- Programme spending
- 89.0%
- Fundraising cost
- n/a
- Executive pay share
- 0.50%
- Employees
- 2,864
- Revenue per employee
- $306K
- Grants paid
- $766K
- Years filing
- 7
NFP Health Score: 65 / 100
Financial 60 · Governance 65 · Operational 80. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.
Mission
To improve the quality of members' lives by maintaining a strong, secure and innovative credit union.
Revenue history
| Year | Revenue |
|---|---|
| 2019 | $521.0M |
| 2020 | $543.6M |
| 2021 | $553.6M |
| 2023 | $876.9M |