Launch Credit Union
Launch Credit Union is a credit union based in Merritt Island, Florida, established in 1963, with $1.5 billion in total assets serving 85,017 members. By Trust Grade it ranks 94th of 107 credit unions we track in Florida. Its net worth ratio of 9.1% trails most similarly sized credit unions (16th percentile), versus a Florida median of 11.1%. It was profitable over the most recent period, with a 0.21% return on assets. No consumer complaints against Launch Credit Union appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Launch Credit Union compares to Florida peers
How we graded Launch Credit Union
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (9.1% capital ratio)
- Profitable (ROA 0.21%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Launch Credit Union over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Launch Credit Union insured?
Yes. Launch Credit Union 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.
Launch Credit Union: frequently asked questions
Is Launch Credit Union a good credit union?
Launch Credit Union earns a Bankzia Trust Grade of B (82/100, "Strong"), based on a financial-strength score of 82/100 (it has no CFPB complaints on record). Well-capitalized (9.1% capital ratio); Profitable (ROA 0.21%).
Is Launch Credit Union NCUA-insured?
Yes. Launch Credit Union 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 Launch Credit Union?
Launch Credit Union holds $1.5 billion in total assets, ranking 94th of 107 credit unions we track in Florida. It serves 85,017 members.
Does Launch Credit Union have CFPB complaints?
No CFPB complaints against Launch Credit Union 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.
