Credit union · NCUA insured
FAMU Federal Credit Union
A $27.5M credit union headquartered in Tallahassee, FL, with 3,802 members and 1 branch in Florida. Best rates: CDs 3.15% and savings 0.20% APY.
FAMU Federal Credit Union Carrot Score
63
Carrot Score
Higher than 9% of U.S. banks and credit unions
#16 of 18 in Tallahassee, FL metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About FAMU Federal Credit Union
Founded in 1935 to provide financial services to employees of Florida A&M University, FAMU Federal Credit Union is headquartered in Tallahassee, Florida.
- Headquarters
- 1610 S Monroe St, Tallahassee, FL 32301-5524
- NCUA charter
- 187
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Members of the Bethel Missionary Baptist Church in Tallahassee, Florida are eligible for membership.
- Members of the Jacob Chapel Baptist Church in Tallahassee, Florida are eligible for membership.
- Jerusalem Missionary Baptist Church of Tallahassee, Florida is eligible for membership.
- Employees of Metz Culinary Management Food Services at Florida A&M University are eligible for membership.
- Voting members of the Tallahassee Branch of the National Association for the Advancement of Colored People (NAACP) located in Tallahassee, Florida are eligible for membership.
- Members of the Tabernacle Missionary Baptist Church in Tallahassee, Florida are eligible for membership.
5 more ways to join
Military, government and schools
- Members of the Florida A&M University National Alumni Association, Inc. are eligible for membership.
- Employees of the Florida A&M University are eligible for membership.
- Employees of the Florida A&M University Federal Credit Union are eligible for membership.
- Students of the Florida A&M University are eligible for membership.
Family and household
- Relatives (spouse, children, parents, stepparents, sisters, brothers, adoptive relationship, grandparents, and grandchildren) of eligible groups are eligible for membership upon proof of relationship.
Branches
1 branch in Florida
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Florida
1 branch
- FAMU Federal Credit UnionMain office1610 S Monroe St, Tallahassee, FL 32301Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 11.88% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 3.46% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | -1.81% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $45 | $59 | — |
- CapitalNet worth ratio11.88%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late3.46%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets-1.81%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$45Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of FAMU Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.