Tropical Financial Credit Union

Tropical Financial Credit Union (TFCU) is a member-owned financial services organization serving the people of South Florida with 20 locations.

History:
In 1935, employees of the Southern Bell telephone company pooled $800 to create an alternative to the corporate banks for their coworkers, achieving a charter as Miami Bell System Employees Federal Credit Union.

The organization grew rapidly, having more than $100,000 in assets just five years later after the name changed to Tropical Telco Federal Credit Union. Thanks to a growing number of associations with other employers and a diminished presence of the telecom industry (now headed by AT&T), the institution changed its name to Tropical Financial Credit Union in 1995 and extended membership to those living in Broward, Palm Beach, and Sarasota Counties in addition to Miami-Dade.

Products and Services:
The following products and services are being offered by the credit union:
Free and High-yield Checking Accounts
Savings and Money Market Deposits
Home, Auto, and Personal Loans
Online Banking
Retirement Planning and Investments
Business Checking and Lending Services

Organizational Structure:
As with all credit unions, TFCU is led by a group of elected volunteers that sit on the Board of Directors in staggered terms. Each of these people works in conjunction with an appointed Supervisory Committee and hired executives to ensure the financial health of the organization as it seeks to provide the highest quality services to each of its 65,000 members. This commitment to excellence and personal connections has grown TFCU�s assets well past the $700 million mark it achieved in 2007.
Contact Details:
If you would like to know more about Tropical Financial Credit Union, inquire by phone or mail at:
Tropical Financial Credit Union
PO Box 829517
Pembroke Pines, FL 33082-9917
Toll Free: (800) 835-2692
Local: (305) 266-9697

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Last Updated on : 27th June 2013

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