Credit union · NCUA insured
Miami Federal Credit Union
A $43.8M credit union headquartered in Miami, FL, with 2,619 members and 5 branches in Florida. Best rates: CDs 3.80% and savings 0.25% APY.
Miami Federal Credit Union Carrot Score
66
Carrot Score
Higher than 17% of U.S. banks and credit unions
#52 of 67 in Miami, FL metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Miami Federal Credit Union
Miami Federal Credit Union has been serving Federal, State, Municipal, Dade County, and City of Miami government employees and their family members in Miami-Dade, Broward, Monroe, and Palm Beach Counties since 1954.
- Headquarters
- 51 SW 1st Ave Ste 604, Miami, FL 33130-1611
- NCUA charter
- 9287
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Open to anyone
- Anyone can qualify for membership with a donation of $15 to the Friends of the Foundation.
Employers and groups
- Employees of the Federal Reserve Bank of Atlanta who work in Miami are eligible for membership.
- Members, employees, or participants of designated partner groups, associations, churches, and scholarship funds are eligible for membership.
- Jackson Memorial Hospital employees and subcontractors are eligible for membership.
Military, government and schools
- Federal employees, Civilian employees, Military personnel of the U.S. government, employees of the State of Florida, and employees of municipal governments who work in or have headquarters in Miami-Dade, Broward, Monroe, or Palm Beach County are eligible to join.
- Honorably discharged veterans of any branch of the United States Armed Forces are eligible for membership.
2 more ways to join
Family and household
- Members of the immediate family or household of eligible persons are eligible for membership.
Other ways
- Spouses of persons who died while within the field of membership, pensioners/annuitants retired from qualifying employment, credit union volunteers and employees, and related entities/organizations are eligible for membership.
Cost to join
- A donation of $15 to the Friends of the Foundation is required for qualification through that path.
Branches
5 branches in Florida
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Florida
5 branches
- MainMain office51 SW 1st Ave Ste 604, Miami, FL 33130Directions
- Ft Lauderdale299 E Broward Blvd, Suite 314, Fort Lauderdale, FL 33301Directions
- Justice99 NE 4th St Fl 2, Miami, FL 33132Directions
- Wilkie400 N Miami Ave Fl 6, Miami, FL 33128Directions
- Shared Services for Credit Unions8895 N Military Trl, West Palm Beach, FL 33410Directions
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 | 11.92% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 1.08% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 0.34% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $85 | $59 | — |
- CapitalNet worth ratio11.92%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late1.08%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets0.34%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$85Peers’ 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 Miami 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.