EIN 59-0806310

Florida State University Credit Union (FSUCU)

IRS 501(c) type
501(c)(14)
Num. employees
140
State
Year formed
1954
Most recent tax filings
2023-12-01
Description
Florida State University Credit Union has been maximizing members' financial well-being since 1954. Today, FSU Credit Union serves its more than 20,000 members with eight branch locations throughout Tallahassee and north Florida.
Related structure
FSUCU is child organization, under the parent exemption from State Charter Credit Unions in Florida Group Return.
Also known as...
State Chartered Credit Unions in Florida
Total revenues
$25,366,507
2023
Total expenses
$21,974,883
2023
Total assets
$466,904,354
2023
Num. employees
140
2023

Program areas at FSUCU

Consumer loans - loans are offered at fair interest rates that allow our members to save money on their loan payments and use those funds elsewhere in their budgets. Thrift is encouraged when the member is deciding what type of payment is affordable.
Electronic services - the Credit Union offers many ways to make conducting financial transactions easy. These options affect everyone, from the person still using the phone system to transfer money to the hi-tech member who does all of their banking conveniently on their smart phone. Our members benefit from online banking, billpay, atms, phone system, account aggregation software, e-statements, e-lerts, etc.
Deposit accounts - competitive dividend rates are paid even to members of modest means. This helps members to better their economic positions and save for the future.

Grants made by FSUCU

GranteeGrant descriptionAmount
Seminole BoostersTo Provide Funding for Scholarships for Student Athletes$15,000

Personnel at FSUCU

NameTitleCompensation
Charles AdcockPresident and Chief Executive Officer$476,976
Jennifer DurdenExecutive Vice President and Chief Financial Officer$281,341
Landon GainesVice President of Operations$194,309
Jessie WatsonAssistant Vice President of Marketing and Member Experience$110,248
L Grant AbbottVice President of Lending and Administration$192,755
...and 17 more key personnel

Financials for FSUCU

RevenuesFYE 12/2023
Total grants, contributions, etc.$417,926
Program services$22,626,855
Investment income and dividends$1,413,800
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-59,736
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$967,662
Total revenues$25,366,507

Form 990s for FSUCU

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-28990View PDF
2022-122023-08-07990View PDF
2021-122022-10-06990View PDF
2020-122021-11-15990View PDF
2019-122021-06-07990View PDF
...and 14 more Form 990s
Data update history
October 9, 2023
Updated personnel
Identified 6 new personnel
October 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
September 28, 2023
Used new vendors
Identified 1 new vendor, including
July 8, 2023
Used new vendors
Identified 1 new vendor, including
June 26, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Credit unionsChapter / child organizations
Issues
Education
Characteristics
State / local levelReceives government funding
General information
Address
PO Box 182499
Tallahassee, FL 32318
Metro area
Tallahassee, FL
County
Leon County, FL
Website URL
fsucu.org/ 
Phone
(850) 224-4960
Facebook page
FSUCreditUnion 
Twitter profile
@fsucu 
IRS details
EIN
59-0806310
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1954
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
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