Suncoast Credit Union

Suncoast Credit Union is a credit union headquartered in Tampa, Florida. The credit union formed in 1934 to originally serve teachers in Hillsborough County and later expanded to serve school employees within the state's suncoast region. Since December 2013, the credit union is open anyone who lives, works, attends school, or worships in the 39 counties which the credit union serves.[5][6] As of July 10, 2020, Suncoast has $12 billion in assets and more than 895,000 members.[2][3] Suncoast Credit Union is the largest credit union in Florida and the ninth largest in the United States based on membership.[1]

Suncoast Credit Union
TypeCredit union
IndustryFinancial services
FoundedJanuary 31, 1934 (1934-01-31)
Headquarters,
United States
Number of locations
73 branch banks (2020)
Area served
Florida
Key people
  • Kevin Johnson (president and CEO)
  • Julie Renderos (EVP and CFO)
Services
Total assets $12 billion (2020)
Total equity $974 million (2019)
Number of employees
1,800 (2019)
Websitesuncoastcreditunion.com
Footnotes / references
[1][2][3][4]

History

The credit union began as Hillsborough County Teachers Credit Union on January 31, 1934, with the intention to help teachers working in Hillsborough County. The credit union amended its charter in 1953 to open membership to teachers in the nearby Citrus, DeSoto, Hardee, Hernando, and Pasco counties. By 1960, membership was opened to Charlotte, Levy, Manatee, and Sumter counties as well as to all employees of schools in counties their charter extended to. To reflect its changed field of membership, the credit union changed its name to Suncoast Schools Credit Union in 1975. In 1978, it converted to a federal charter and changed its name again to Suncoast Schools Federal Credit Union. In December 2013, the credit union obtained a state charter and changed its name to Suncoast Credit Union.[3]

References

  1. "Suncoast Credit Union". Top Workplaces. Energage, LLC. Retrieved December 3, 2019.
  2. "Annual Report 2018" (PDF). Suncoast Credit Union. p. 10. Retrieved May 20, 2019.
  3. "The Suncoast Difference". Suncoast Credit Union. Retrieved December 3, 2019.
  4. "Suncoast Credit Union Financial Reports". iBanknet. Retrieved May 30, 2019.
  5. Manning, Margie (February 5, 2014). "New name, new logo and new growth at Suncoast Credit Union". Tampa Bay Business Journal. Retrieved May 31, 2019.
  6. "Membership Eligibility". Suncoast Credit Union. Retrieved May 31, 2019.
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