First Commerce Credit Union Tallahassee, Florida
First Commerce Credit Union is a state-chartered credit union headquartered in Tallahassee, FL, established in 1940 (NCUA charter 68301), and it is regulated and insured by the NCUA. At Q2 2026 it reported 74,967 members and total assets of $1.24B (up 10.3% from Q2 2025), the 24th largest of 106 credit unions headquartered in Florida. Its net worth ratio was 10.13% at Q2 2026, in the well capitalized band.
Also written as First Commerce CU · Trade name filed with the NCUA: First Commerce
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Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- State-chartered credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 68301
- Headquarters
- Tallahassee, FL
- Established
- 1940
- Total assets, Q2 2026
- $1.24B
- Assets vs Q2 2025
- +10.3%
- Members, Q2 2026
- 74,967
- Net worth ratio, Q2 2026
- 10.13%
- Latest call report
- Q2 2026, NCUA 5300 · First Commerce Credit Union call report
- Asset rank in state
- 24th of 106 in Florida
- Routing number
- 263182516
- Branches
- 14
It has 3,872 more members than on June 30, 2025 (+5.4%). Its net worth ratio was down 0.35 percentage points from 10.48% on June 30, 2025. Used vehicle loans are its largest loan category, $308.4M of $976.0M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.50% is below the 0.68% median of the 454 credit unions with $1B to $10B in assets for Q2 2026. Its 10.13% net worth ratio is below that band's 10.89% median.
Frequently asked about First Commerce Credit Union
How big is First Commerce Credit Union?
At Q2 2026 it reported total assets of $1.24B and 74,967 members.
Where is First Commerce Credit Union headquartered?
It is headquartered in Tallahassee, FL, United States.
When was First Commerce Credit Union founded?
It was established in 1940, per NCUA records.
Is First Commerce Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 68301): member shares are insured by the National Credit Union Share Insurance Fund, run by the NCUA, up to $250,000 per member, per insured credit union, for each account ownership category, the same limit the FDIC applies to bank deposits.
Who regulates First Commerce Credit Union?
It is a state-chartered credit union, supervised by its state credit union regulator and by the NCUA, which insures its shares.
Is First Commerce Credit Union well capitalized?
Its net worth ratio was 10.13% at Q2 2026, in the well capitalized band. NCUA considers a credit union well capitalized at a net worth ratio of 7% or higher.
What is First Commerce Credit Union's delinquency ratio?
Its delinquency ratio was 0.50% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is First Commerce Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 92.70% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Tallahassee, FL 32317
- Charter Type
- State-chartered credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1940
- NCUA Charter #
- 68301
- RSSD ID
- 522276
- Members
- 74,967
- Potential members
- 2,371,029
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 454 credit unions with $1B to $10B in assets, as of Q2 2026. It is in the top quartile on 0 of 7 ranked measures.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 9.81% to 12.63% | 10.13% | 10.89% | 32nd below |
| Return on assets Middle half of peers: 0.59% to 1.25% | 0.83% | 0.89% | 45th below |
| Return on equity Middle half of peers: 5.37% to 10.92% | 8.16% | 8.07% | 51st above |
| Net interest margin Middle half of peers: 3.05% to 3.80% | 3.38% | 3.45% | 46th below |
| Efficiency ratio Middle half of peers: 63.16% to 77.23% | 76.41% | 70.59% | 28th below |
| Cost of funds Middle half of peers: 1.37% to 1.99% | 1.79% | 1.68% | 41st below |
| Delinquency ratio Middle half of peers: 0.45% to 1.05% | 0.50% | 0.68% | 69th above |
| Yield on assets Middle half of peers: 4.70% to 5.46% | 5.17% | 5.12% | 53rd position only |
| Loan-to-share ratio Middle half of peers: 78.23% to 95.19% | 92.70% | 88.03% | 66th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$1.24B total assets against $1.12B; $1.05B total shares and deposits against $978.5M; $976.0M total loans against $875.8M.
$125.4M net worth against $117.6M.
10.13% net worth ratio against 10.48%.
92.70% loan-to-share ratio against 89.50%.
0.50% delinquency ratio against 0.56%.
0.83% return on assets against 0.56%; 8.16% return on equity against 5.38%.
3.38% net interest margin against 3.27%.
74,967 members against 71,095.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 10.13% | 0.83% | 0.50% | 92.70% |
| March 31, 2026 | 10.06% | 0.54% | 0.52% | 92.89% |
| December 31, 2025 | 10.16% | 0.71% | 0.57% | 90.56% |
| September 30, 2025 | 10.40% | 0.67% | 0.66% | 90.15% |
| June 30, 2025 | 10.48% | 0.56% | 0.56% | 89.50% |
| March 31, 2025 | 10.24% | 0.35% | 0.55% | 85.10% |
Scroll sideways to see every column.
How we read these figures
Glossary: net worth ratio, delinquency, ROA, loan-to-share. The net worth category is ours, from NCUA's 7% well and 6% adequately capitalized cutoffs. It is not NCUA's determination, which can differ. ROA, ROE and margin annualize the quarter; NCUA's Financial Performance Report annualizes the year to date (YTD). Peer rank interpolates size-band percentiles. Methodology.