Suncoast Schools Federal Credit Union
Encyclopedia
Suncoast Schools Federal Credit Union is a credit union
headquartered in Tampa, Florida
, chartered and regulated under the authority of the National Credit Union Administration
(NCUA) of the U.S. federal government. Suncoast is the largest credit union in Florida. As of 2008, Suncoast had $5.9 billion in assets, approximately 470,000 members, and 50 branches.
. They amended their charter in 1953 to open membership to teachers in 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. Suncoast continued to grow in the decades to come and now serves employees of schools in 15 counties as well as employees of over 1000 select employee groups.
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Credit union
A credit union is a cooperative financial institution that is owned and controlled by its members and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members...
headquartered in Tampa, Florida
Tampa, Florida
Tampa is a city in the U.S. state of Florida. It serves as the county seat for Hillsborough County. Tampa is located on the west coast of Florida. The population of Tampa in 2010 was 335,709....
, chartered and regulated under the authority of the National Credit Union Administration
National Credit Union Administration
The National Credit Union Administration is the United States independent federal agency that supervises and charters federal credit unions...
(NCUA) of the U.S. federal government. Suncoast is the largest credit union in Florida. As of 2008, Suncoast had $5.9 billion in assets, approximately 470,000 members, and 50 branches.
History
Hillsborough County Teachers Credit Union was chartered on January 31, 1934, to meet the needs of teachers working in Hillsborough CountyHillsborough County, Florida
As of the census of 2000, there were 998,948 people, 391,357 households, and 255,164 families residing in the county. The population density was 951 people per square mile . There were 425,962 housing units at an average density of 405 per square mile...
. They amended their charter in 1953 to open membership to teachers in 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. Suncoast continued to grow in the decades to come and now serves employees of schools in 15 counties as well as employees of over 1000 select employee groups.
Suncoast for Kids Foundation
SSFCU originated the Suncoast for Kids Foundation in 1998. The 501(c)(3) organization has donated more than $4.8 million to projects for children, including the Braille Institute of AmericaBraille Institute of America
The Braille Institute of America is a non-profit organization based in Los Angeles providing services and coordinating events for the visually impaired. The organization produces over 5 million pages of Braille texts per year...
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