Credit union · NCUA insured
Florence Federal Credit Union
A $66.6M credit union headquartered in Florence, AL, with 3,930 members and 2 branches in Alabama. Best rates: CDs 3.50% and savings 0.45% APY.
Florence Federal Credit Union Carrot Score
82
Carrot Score
Higher than 58% of U.S. banks and credit unions
#3 of 13 in Florence, AL metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Florence Federal Credit Union
Headquartered in Florence, Alabama, Florence Federal Credit Union was founded in 1959 to serve local City of Florence employees and their families.
In March 2001, the member-owned credit union received an NCUA Community Charter expanding membership to Colbert and Lauderdale Counties.
- Headquarters
- 1505 N Pine St, Florence, AL 35630-2285
- NCUA charter
- 13167
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Individuals who live, work, worship, or attend school in Lauderdale County or Colbert County, Alabama are eligible for membership.
Other ways
- Businesses and other legal entities in Colbert and Lauderdale Counties are eligible to become members.
Cost to join
- Membership requires a $25 share deposit that must remain in your account.
- Membership requires a $1 fee.
Branches
2 branches in Alabama
Loading map…
Alabama
2 branches
- Florence Federal Credit UnionMain office1505 N Pine St, Florence, AL 35630Directions
- Florence Federal Credit Union501 E Tennessee St, Florence, AL 35630Directions
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 | 14.05% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.90% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 0.40% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $45 | $59 | — |
- CapitalNet worth ratio14.05%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.90%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets0.40%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 Florence 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.