Florence
Florence is a credit union based in Florence, Alabama, established in 1959, with $67 million in total assets serving 3,930 members. By Trust Grade it ranks 50th of 89 credit unions we track in Alabama. Its net worth ratio of 13.8% trails most similarly sized credit unions (47th percentile), versus a Alabama median of 14.2%. It was profitable over the most recent period, with a 0.26% return on assets. No consumer complaints against Florence appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Florence compares to Alabama peers
How we graded Florence
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (13.8% capital ratio)
- Profitable (ROA 0.26%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Florence over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Florence insured?
Yes. Florence is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Florence: frequently asked questions
Is Florence a good credit union?
Florence earns a Bankzia Trust Grade of A (92/100, "Excellent"), based on a financial-strength score of 92/100 (it has no CFPB complaints on record). Strongly capitalized (13.8% capital ratio); Profitable (ROA 0.26%).
Is Florence NCUA-insured?
Yes. Florence is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Florence?
Florence holds $67 million in total assets, ranking 50th of 89 credit unions we track in Alabama. It serves 3,930 members.
Does Florence have CFPB complaints?
No CFPB complaints against Florence appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
