Credit union · NCUA insured
Monroe County Teachers Federal Credit Union
A $25.1M credit union headquartered in Key West, FL, with 2,045 members and 1 branch in Florida. Best rates: CDs 4.00% and savings 0.25% APY.
Monroe County Teachers Federal Credit Union Carrot Score
66
Carrot Score
Higher than 15% of U.S. banks and credit unions
#3 of 7 in Key West, FL metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Monroe County Teachers Federal Credit Union
The Monroe County Teachers Federal Credit Union is a not-for-profit, cooperative financial institution that has been serving its members since 1950.
- Headquarters
- 1442 Kennedy Dr, Key West, FL 33040
- NCUA charter
- 7039
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Employees of this credit union are eligible for membership.
- Volunteers of the covered employee groups are eligible to join.
- Organizations of eligible persons are eligible for membership.
Military, government and schools
- Employees of Monroe County District School Board and Florida Keys Community College who work in Monroe County, Florida, as well as students of the Monroe County School District and Keys Community College are eligible for membership.
- Persons retired as pensioners of annuitants from qualifying employment are eligible for membership.
Family and household
- Members of the immediate families of eligible persons—including relatives by blood, marriage or legal adoption, spouses, parents, children, grandchildren, and siblings—are eligible to join.
1 more way to join
Other ways
- Spouses of persons who died while within the field of membership of this credit union are eligible to join.
Cost to join
- A $5.00 minimum balance is required to keep your account active and avoid a monthly service fee.
Branches
1 branch in Florida
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Florida
1 branch
- Monroe County Teachers FCUMain office1442 Kennedy Dr, Key West, FL 33040Directions
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 | 9.39% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 2.09% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | -1.88% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $76 | $59 | — |
- CapitalNet worth ratio9.39%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late2.09%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets-1.88%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$76Peers’ 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 Monroe County Teachers 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.