| Credit Union Charter #9976

Grow Financial

Florida JSON

Institution Profile

Address: 1242 E 5th Ave Fl 4 Tampa, FL 33605

(813) 837-2451

Website:

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NCUA Profile:

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Charter Date:

1/1/1955

Charter Type:

Federal

Branches:

26

Branches by Region
FL 23 SC 4

Financial Overview

Total Assets
$3.79B
Total Deposits
$3.11B
Total Loans
$2.92B
Members
295,094
Employees
622 583 Full-time / 39 Part-time
Allowance for Loan Losses
$41.32M

Performance Ratios

Net Worth Ratio
11.22%
Loan-to-Deposit Ratio
93.61%
Coverage Ratio
1.42% Allowance / Total Loans

Assets, Loans & Deposits Over Time

Assets, Loans & Deposits Over Time

Total Assets: +37.32% Total Deposits: +26.41% Total Loans: +32.46% since 2020 Q1

Member Growth

Member Growth

Members: +41.90% since 2020 Q1

Employee Growth

Employee Growth

Employees: +13.09% since 2020 Q1

Loan Originations

New loans granted per quarter (calculated from YTD figures)

Loans This Year (YTD)
33,057
Amount This Year (YTD)
$1.21B

Number of Loans per Quarter

Loans Granted: +6.66% since 2020 Q1

Loan Amount per Quarter

Amount Granted: +4.14% since 2020 Q1

Loan Portfolio Breakdown

Current outstanding balances by loan type

1st Mortgages
$882.67M 30.3%
Used Vehicle
$829.44M 28.4%
New Vehicle
$769.96M 26.4%
Credit Card
$117.93M 4.0%
HELOCs
$91.74M 3.1%
CRE: Non-Owner-Occupied
$74.33M 2.5%
CRE: Owner-Occupied
$57.20M 2.0%
CRE: Multifamily
$35.44M 1.2%
Other Unsecured
$35.13M 1.2%
Other Secured
$13.49M 0.5%
CRE: Construction
$4.08M 0.1%
Student Loans
$1.20M 0.0%
Commercial & Industrial
$1.12M 0.0%
Unaccounted
$791,218 0.0%
Commercial Unsecured
$763,796 0.0%
Other Real Estate
$292,259 0.0%

Portfolio Distribution

Historical Data Table

QuarterMembersTotal AssetsTotal DepositsTotal LoansEmployees
2025 Q4 295,094 $3.79B $3.11B $2.92B 622
2025 Q3 291,812 $3.77B $3.12B $2.89B 624
2025 Q2 288,924 $3.78B $3.15B $2.85B 619
2025 Q1 285,462 $3.83B $3.17B $2.82B 591
2024 Q4 280,898 $3.72B $3.06B $2.75B 605
2024 Q3 276,238 $3.75B $2.99B $2.73B 596
2024 Q2 272,142 $3.67B $2.91B $2.65B 579
2024 Q1 268,566 $3.72B $2.90B $2.64B 570
2023 Q4 266,360 $3.52B $2.88B $2.65B 573
2023 Q3 262,152 $3.52B $2.90B $2.67B 573
2023 Q2 260,160 $3.52B $2.93B $2.60B 584
2023 Q1 257,360 $3.54B $2.99B $2.56B 574
2022 Q4 255,412 $3.49B $2.96B $2.50B 575
2022 Q3 228,282 $3.47B $3.06B $2.38B 573
2022 Q2 224,395 $3.53B $3.11B $2.21B 561
2022 Q1 221,383 $3.51B $3.10B $2.10B 562
2021 Q4 221,287 $3.32B $2.98B $2.12B 562
2021 Q3 221,166 $3.29B $2.96B $2.22B 542
2021 Q2 219,914 $3.20B $2.87B $2.32B 565
2021 Q1 217,546 $3.14B $2.83B $2.24B 561
2020 Q4 216,125 $2.93B $2.64B $2.30B 562
2020 Q3 215,580 $2.88B $2.60B $2.25B 552
2020 Q2 212,086 $2.83B $2.55B $2.26B 554
2020 Q1 207,959 $2.76B $2.46B $2.20B 550

Interest Rates

Current average rates by loan type

New Vehicle
5.99%
Used Vehicle
6.99%
1st Mortgage (Fixed)
3.13%
HELOC
7.50%
Credit Card
12.49%
Other Unsecured
14.00%