Credit union · NCUA insured
Members First CU of Florida
A $314.4M credit union headquartered in Pensacola, FL, with 19,401 members and 7 branches in Florida. Best rates: CDs 2.80% and savings 0.30% APY.
Members First CU of Florida Carrot Score
82
Carrot Score
Higher than 58% of U.S. banks and credit unions
#9 of 18 in Pensacola, FL metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Members First CU of Florida
Members First Credit Union of Florida is based in Pensacola, Florida.
The credit union previously merged with Florida State Employees Federal Credit Union.
- Headquarters
- 251 W Garden St, Pensacola, FL 32502-5728
- NCUA charter
- 61160
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This may be incomplete or out of date, so check with the credit union before you apply.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 reside or work in Escambia, Santa Rosa or Okaloosa counties are eligible for membership.
Employers and groups
- Current, former, and retired employees or groups on retainer or holding a contract with Sterling Fibers (Pace Plant), Cytec Industries, American Cyanamid, or Cyanamid Employees Credit Union are eligible for membership.
- Groups within Santa Rosa County with 20 or more employees whose function is construction, manufacturing or industrial are eligible for membership.
Military, government and schools
- Members or associate members of the Escambia Retired Educators Association are eligible for membership.
- Active or retired employees of any educational institution in Escambia, Santa Rosa or Okaloosa counties are eligible for membership.
- Employees of the State of Florida who work in Escambia, Santa Rosa, Okaloosa, or Walton County, Florida are eligible for membership.
3 more ways to join
Military, government and schools
- Students or former students of any educational institution in Escambia, Santa Rosa or Okaloosa counties are eligible for membership.
Family and household
- Members of the immediate family of any eligible individual are eligible for membership.
Other ways
- All members of Florida State Employees Federal Credit Union as of the effective date of the merger into Members First Credit Union of Florida are eligible for membership.
Cost to join
- There is no membership fee to open an account; members must maintain a Regular Savings (Share) Account with a minimum balance of $5.00.
Branches
7 branches in Florida
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Florida
7 branches
- Garden Street Branch and Operations CenterMain office251 W Garden St, Pensacola, FL 32502Directions
- Hwy. 90 Branch5005 Highway 90, Pace, FL 32571Directions
- 9th Avenue Branch7176 N 9th Ave, Pensacola, FL 32504Directions
- Airport Blvd, Branch250 W Airport Blvd, Pensacola, FL 32505Directions
- Booker T. Washington High School Branch6000 College Pkwy, Pensacola, FL 32504Directions
- Fairfield Drive Branch4240 W Fairfield Dr, Pensacola, FL 32505Directions
- Nine Mile Road Branch1645 E Nine Mile Rd, Pensacola, FL 32514Directions
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 | 15.39% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.43% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 1.68% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $52 | $76 | — |
- CapitalNet worth ratio15.39%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.43%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets1.68%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$52Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion 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 Members First CU of Florida are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.