At Launch Credit Union, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are committed to providing a strong and reliable banking experience that you can trust. With a
net worth of $124,365,666, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our
net worth ratio of $893 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through
$289,706,438 in share certificates and
$94,712,645 in money market shares, offering stable and rewarding financial growth opportunities. This focus on our members' needs sets us apart from traditional banks. Unlike them, we prioritize our members' interests over profits, ensuring that our resources benefit you directly. With
$119,768,964 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. This reinvestment strategy helps us improve our offerings continually. Our lending capacity supports your financial goals across various sectors with
$38,420 in used auto loans and
$1,092,780,937 in total loans and leases. We take pride in our operational efficiency reflected by our
net income of $3,707,119, enabling us to offer competitive loan rates and solid financial products for our members. We also value the expertise of our team at Launch Credit Union, which comprises
321 full-time employees ready to assist you with your banking needs. We ensure that you receive personalized service every time you visit or call us at (321) 455-9400. Our robust financial position is further highlighted by net shares available for lending and investments amounting to
$5,400,970. With a growing member base of
162,595, it's clear that more people are choosing Launch Credit Union as their trusted financial partner. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Launch Credit Union is here for you. Visit us at 4301 Norfolk Pkwy West Melbourne Fl 32904 or call (321) 455-9400 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at:
https://www.ncua.gov , based on the latest results.