About two-thirds of Florida's credit unions were in counties where most people had no power Monday morning, according to an analysis by CU Times of data from the Florida Division of Emergency Management and NCUA
Those 93 credit unions had 3.4 million members, 9,638 employees and $38.6 billion in assets, according to NCUA data for the quarter ending June 30.
Within that group, 38 credit unions were in counties where 75% or more customers were without power. Those credit unions encompassed 1.6 million of the members, 4,039 employees and $18.6 billion in assets.
Florida has a total of 137 federally insured credit unions as of June 30 with 5.5 million members, 14,985 employees and $61.5 billion in assets.
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The following chart represents the percentage of customers with power outages; the number of credit unions in the area, number of members, number of CU employees and asset size:
Less than 25% 20 524,966 1,666 $6,570,169,221
25% to <50% 24 1,534,593 3,681 $16,326,267,369
50% to <75% 55 1,847,284 5,599 $19,998,908,343
75% plus 38 1,602,631 4,039 $18,627,318,170
Total 137 5,509,474 14,985 $61,522,663,103
SOURCES: Florida Division of Emergency Management, NCUA
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