First Commerce Credit Union

A short history of First Commerce CU

Since its inception in 1940 the First Commerce Credit Union has been serving its members in the TALLAHASSEE, 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 Cecilia Homison, the First Commerce CU has grown its membership to over 47,548 with assets of more than $550,432,922. They have a main office and 11 branch offices. Please see the credit unions website or contact them by phone at (850) 488-0035 or email them at fccu@floridacommerce.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in TALLAHASSEE, FL.

General Information For First Commerce CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Compare First Commerce Credit Union To Other Local Credit Unions

Credit Union Name	Branch Name	Address	Zip Code	Phone Number	ATM Access	Distance (Miles)
Tallahassee CU	Tallahassee FCU	216 W College Ave Ste 203	32302	(850) 222-1421	No	0.26
Fl. Dept. Of Transportation` CU	Lake City Branch	224 SE Clements Pl	32025	(386) 754-6024	No	0.36
Envision CU	Lake Jackson Drive Thru Center	3618 N MONROE ST	32314	(850) 942-9000	No	0.57
Florida A & M University CU	FAMU Federal Credit Union	1610 S Monroe St	32301	(850) 222-4541	No	0.83
T M H CU	Hospital Branch	1300 Miccosukee Rd	32301	(850) 431-5325	No	1.14

First Commerce Credit Union Financial Performance Charts

Financial Data

First Commerce Credit Union Lowest Loan Rates With State and USA Rankings

	Unsecured Credit Card	New Car Loans	Used Car Loans	1st Mortgage Loans	Other Real Estate
Rate	11.96	3.72	4.71	5.40	2.75
Mean Rate For All USA Based Credit Unions	10.56	3.72	5.00	4.48	4.95
Rank Among All USA Credit Unions	409	239	291	315	15
Rank Among All Florida Credit Unions	49	46	41	49	2

First Commerce Credit Union Highest Deposit Rates With State and USA Rankings

	Checking	Regular Savings	Money Market	Certificates of Deposits	IRA/KEOGH
Rate	0.05	0.25	0.35	0.80	0.25
Mean Rate For All USA Based Credit Unions	0.19	0.26	0.29	0.73	0.66
Rank Among All USA Credit Unions	125	95	89	207	266
Rank Among All Florida Credit Unions	14	8	16	34	38

First Commerce Credit Union Loans and Leases

Interest Rate

Number of Loans

Amount

Unsecured Credit Card Loans	11.960	1,112	3,992,165
All Other Unsecured Loans/Lines of Credit	12.030	3,400	11,153,958
Short-Term, Small Amount Loans (STS) (Federal CU Only)	0.000	0	0
Non-Federally Guaranteed Student Loans	0.000	0	0
New Vehicle Loans	3.720	2,956	56,356,021
Used Vehicle Loans	4.710	8,697	109,864,378
Total 1st Mortgage Real Estate Loans/Lines of Credit	5.400	1,281	146,458,247
Total Other Real Estate Loans/Lines of Credit	2.750	1,087	41,548,788
Leases Receivable	0.000	0	0
Total All Other Loans/Lines of Credit	5.130	2,240	37,950,968
TOTAL LOANS & LEASES		20,773	407,324,525

First Commerce Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding

Amt of Loans Outstanding

No. of Loans Granted Year- to-Date

Amount Granted Year-To-Date

Fixed Rate
a. > 15 years	316	48,697,553	40	13,120,721
b. 15 Years or less	465	28,925,525	73	3,372,093
Balloon/Hybrid
a. > 15 years	48	10,610,568	10	2,099,563
b. 15 Years or less	51	11,151,745	2	131,574
Other Fixed Rate	0	0	0	0
Adjustable Rate 1 yr or less	288	21,312,829	170	3,042,706
Adjustable Rate > 1 yr	113	25,760,027	22	2,735,211

OTHER REAL ESTATE

Closed-End Fixed Rate	422	13,711,434	94	1,376,022
Closed-End Adjustable Rate	125	5,101,107	0	0
Open-End Adjustable Rate	540	22,736,247	356	5,939,871
Open-End Fixed Rate	0	0	0	0
TOTALS	2,368	188,007,035	767	31,817,761

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans	16	1,725,442		444,653
Interest Only & Payment Option Other RE/LOC Loans	21	1,730,057		478,839
REVERSE MORTGAGES
a. Federally Insured Home Equity Conversion Mortgage (HECM)	0	0	0	0
b. Proprietary Reverse Mortgage Products	0	0	0	0

First Commerce Credit Union Member Offerings

First Time Homebuyer Program	Yes
Real Estate Loans	Yes
Pay Day Lending	No
Share Secured Credit Cards	Yes
Overdraft Protection/Courtesy Pay	Yes
Overdraft Lines of Credit	Yes
ATM/Debit Card Program	Yes
Interest Only and Payment Option 1st Mortgage Loans	Yes
Check Cashing	Yes
Money Orders	Yes
No Surcharge ATMs	Yes
Home Banking Via Internet Website	Yes