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Manatee Community Federal Credit Union

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Manatee Community Federal Credit Union Statement Of Financial Condition

Florida Credit Union Mobile Deposit Tutorial

Then NCUA provides quarterly using accounting and statistical information from each credit union.The Call Report includes Balance Sheet, Income Statement and more.

Statement of financial condition for MANATEE COMMUNITY FEDERAL CREDIT UNION as of: March 31, 2022.Charter Number: 12238

2. Cash on Deposit 3,534,711
3. Cash Equivalents 0
8. Deposits in commercial banks, S& Ls, savings banks 0
9. Loans to and investments in natural person credit unions 0
12. All other investments in corporate credit unions 0
15. Loans Held for Sale 10,679
17. Less: Allowance for Loan & Lease Losses 126,268
18: Less: Allowance for Credit Losses on Loans & Leases 0
19. Foreclosed and Repossessed Assets 10,679
22. NCUA Share Insurance Capitalization Deposit 286,514

Manatee Credit Union To Create Paths Toward Financial Freedom In The Area

Bringing a bank to Newtown has been in the city of Sarasotas plans for years, but making that vision a reality never seemed to be in the cards. But if everything goes according to plan over the next year or so, that could change.

While the addition of a physical bank in North Sarasota has yet to be agreed upon and is still a long way from happening, a recent partnership between the City of Sarasota and Manatee Community Federal Credit Union to bring a variety of financial services and programs to local residents who are unbanked, underbanked and underserved has led to optimism among some.

Were absolutely excited about this partnership, because one of the big things here in the community that can be lacking is financial services, said Rowena Elliott, redevelopment specialist for the City of Sarasota. It really comes down to helping the community develop a sustainable financial attitude, to save better, live better, and this partnership will help us do that. Weve been trying to get banks for many years to sit down and partner with us, have them come in and open some kind of brick-and-mortar bank and serve the surrounding community, but we have not been successful with that.

Steve Stancel, the citys economic development general manager, called the program a key piece of the citys strategic goal of expanding financial services within the north Sarasota community in a news release issued by the city Monday.

Welcome To Online Banking

NOTE FOR EXISTING USERS : Thank you for your patience during our conversion. For information about how to sign into online banking for the first time since the conversion .

If you are new to online banking and want to enroll

Online Banking is our online service that allows you to access your account information 24 hours a day, 7 days a week. Financial Access Federal Credit Union’s Online Banking is convenient, easy to use, and more secure than ever.

Using Online Banking, you can:

  • View real-time account balances, check images and history
  • 24-hour access to checking, loans and CDs
  • Get copies of your cleared checks*
  • Transfer funds between accounts
  • Request stop payments


*Copies of your checks may not be available if the merchant has converted the check to an electronic transaction in order to clear your account.

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Manatee Community Fcu Expand Fom Through Partnership With Seiu

In March of 2019, Manatee Community Federal Credit Union, located in Bradenton, Fla., was approved for a field of membership expansion to include the states Service Employees International Union. The process took just around six months to complete, but it opened up membership to 54,000 new, potential members.

This is only the most recent FOM expansion for Manatee FCU. The credit union had experienced rapid growth after moving from a multiple common bond to a community charter as a low income designated Community Development Financial Institution almost 10 years ago, Sherod Halliburton, president/CEO of Manatee, said. Positioning ourselves as an institution that served almost exclusively the underserved for several years dramatically increased our diminishing membership.

This approach, however, would prove unsustainable after Manatees numerous attempts at securing a CDFI grant from the U.S. Treasury were unsuccessful. A large percentage of our new members and loans were coming from high-risk individuals, most of whom could not access traditional accounts and loans, Halliburton noted. We understood the risks that we were taking but always felt that surely our work in this space would be rewarded by a CDFI grant to ultimately mitigate our risk.

A Short History Of Manatee Community Fcu

Important COVID

Since its inception in 1958 the Manatee Community Federal Credit Union has been serving its members in the BRADENTON, Florida area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Sherod Halliburton, the Manatee Community FCU has grown its membership to over 4,474 with assets of more than $45,142,156. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at 748-7704 or email them at to get exact details . There are many other credit unions in the local area. See them all here. .

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