Tropical Financial Credit Union Fort Lauderdale FL | Best Auto Loans & Business Banking

Introduction

Welcome to Tropical Financial, your trusted partner in financial growth since 1935. Located at 5900 N Federal Hwy, Fort Lauderdale, FL 33308, we have proudly served our community for over eight decades, helping members achieve their financial goals with personalized service and a range of banking solutions. As part of our commitment to you, we offer various services including checking and savings accounts, auto loans, mortgage financing, and more. With a strong membership base of 67,309 individuals, we are dedicated to fostering a supportive financial environment. Our total assets stand at an impressive $984,085,778, reflecting our stability and reliability as a credit union. In addition, we manage total deposits of $164,209,691 and maintain a net worth of $86,437,267, ensuring that your money is secure with us. Our leadership team is here to guide you through every step of your financial journey. Led by our CEO Richard Shaw and Board President Hilda Geer, our team is committed to providing exceptional service tailored to your needs. Whether you're looking for personal loans or business banking solutions, we are ready to assist you. While members can visit us at the branch address mentioned above for all their banking needs, official correspondence should be sent to our mailing address at 3050 Corporate Way, Miramar, FL 33025. At Tropical Financial, we prioritize community impact and member satisfaction. We invite you to reach out to us at 888-261-8328 or visit our website at tropicalfcu.org for more information on how we can help you thrive financially. Come see how we can make a difference in your life today!

Branch History & Mission

Community Commitment

We take pride in being more than just a financial institution; we are an active participant in the communities we serve. Our partnerships with local organizations help foster growth and support initiatives that uplift residents in Fort Lauderdale and beyond. Through various outreach programs and community events, we aim to strengthen the bonds within our neighborhoods. With convenient operating hours from 9:00 AM to 5:00 PM, an available ATM, drive-thru banking services, and shared service center options, we ensure that your banking experience is as smooth as possible. Join us at Tropical Financial today! Experience firsthand how we can help you reach your financial goals while being part of a caring community. Call us at 888-261-8328 or visit our website at Tropical Financial for more information on how you can become a member today!

Our Mission

Our mission is simple yet powerful: to empower our members with the financial tools and resources they need to achieve their goals while supporting the community around us. We offer a wide range of services including personal checking and savings accounts, auto loans, mortgage options, credit cards with rewards, and business banking solutions. We strive to provide these services with integrity and dedication. At Tropical Financial, we believe in making banking accessible for everyone. That's why we have invested in digital advancements such as online banking and mobile applications that allow you to manage your finances anytime, anywhere. Additionally, our commitment to ADA compliance ensures that all members can access our services without barriers.

Branch Location & Accessibility

Call to Action

Ready to experience hassle-free banking? We invite you to visit us at our Fort Lauderdale branch or give us a call at 888-261-8328 for more information. At Tropical Financial, we look forward to serving you and helping you achieve your financial goals!

Convenient Access

At Tropical Financial, we understand that accessibility is key. Our branch features ADA-compliant ramps and designated parking spots to ensure everyone can enjoy our services with ease. Plus, if you prefer a quick visit without leaving your car, our drive-thru banking is available for simple transactions such as deposits and withdrawals. While members can visit us at our main address for all your banking needs, please note that official correspondence should be sent to our mailing address at 3050 Corporate Way, Miramar, FL 33025.

Operating Hours

We're here for you during convenient hours! Our lobby is open Monday through Friday from 9:00 AM to 5:00 PM. Whether you need to discuss personal loans or check on your accounts, our friendly staff is ready to assist you during these times.

Services Offered

Tropical Financial offers a range of services designed to meet all your financial needs. From personal banking options like checking and savings accounts to auto loans and mortgage refinancing, we are here to help you every step of the way. Need cash? We have an ATM on-site for quick access to your funds.

Member Eligibility

Becoming a member of Tropical Financial feels like joining a warm, welcoming family that genuinely cares about your financial well-being. If you're looking to become part of our community, you'll be glad to know that membership is open to anyone who lives, works, or worships in the area. This means you can enjoy all the benefits we offer, from competitive loans and savings accounts to personalized service that makes banking easier for you. Plus, at Tropical Financial, we believe in empowering our members with the tools they need to succeed financially. To learn more about our specific eligibility criteria and ensure you meet all requirements, check out the details at . If you're ready to start your journey with us, opening an account is simple! Just give us a call at (888) 261-8328, and our friendly team will guide you through every step. We can't wait to welcome you into the Tropical Financial family at our branch located at 5900 N Federal Hwy Fort Lauderdale Fl 33308!

Business Banking & Commercial Services

At Tropical Financial, we understand that every business has unique needs and aspirations. Whether you are a startup or an established company, having the right financial partner can make all the difference. Our commercial lending programs are designed to fuel your growth and help you reach new heights. Imagine having the capital to expand your operations, invest in new technology, or hire additional staff. We've funded over $116 in commercial loans for our members, helping businesses scale and succeed. But our support doesn't stop there. We also assist the broader business community with $1 in non-member commercial loans, providing flexible financing solutions tailored to your specific goals. Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: With an outstanding commercial loan portfolio of $69,879,827, we continue to drive economic growth by financing new and expanding businesses. In addition to loans, our merchant services simplify everyday transactions. By offering easy payment solutions, we help you focus on what matters most running your business smoothly. At Tropical Financial, we're here to be your trusted partner every step of the way. Visit us at 5900 N Federal Hwy Fort Lauderdale Fl 33308 in Fort Lauderdale, FL, or call us at (888) 261-8328 to learn more about how we can support your business journey!

Comprehensive List Of Services

Additional Services for Your Needs

We also offer essential services such as ATM access for cash withdrawals and basic drive-thru banking for quick transactions like deposits or withdrawals. Additionally, if you're a member of another partner credit union, enjoy basic shared branch transactions for deposits and withdrawals without hassle.

Business Banking Services

For entrepreneurs and business owners, Tropical Financial offers robust business banking solutions. From merchant services that simplify payment processing to business loans designed to fuel growth, we support local businesses in navigating their financial journeys effectively.

Connect with Us Today!

At Tropical Financial, we're not just about banking; we're about building lasting relationships with our members. Our friendly team is ready to assist you during our lobby hours from 9:00 AM to 5:00 PM on weekdays. Have questions? Don't hesitate to give us a call at 888-261-8328 or visit us online at Tropical Financial. We're excited to serve you!

Credit Options Tailored for You

Managing debt can be challenging, but our personal loans and debt consolidation services are here to help lighten the load. With flexible terms and competitive interest rates, we aim to provide you with financial relief when you need it most. Plus, don't forget about our credit cards with rewards that let you earn while you spend perfect for everyday purchases or special occasions.

Digital Banking Convenience

In today's fast-paced world, convenience is key. That's why we provide comprehensive online and mobile banking services that allow you to manage your accounts from anywhere at any time. Whether you need to check balances, transfer funds, or pay bills, our digital platform is user-friendly and secure.

Personal Banking Solutions

Our personal banking options are designed with you in mind. Start by exploring our checking and savings accounts, which offer competitive rates and easy access to your funds. If you're planning to buy a car, our auto loans and vehicle financing make it simple to get behind the wheel without breaking the bank. For those considering home ownership, we provide comprehensive mortgage loans and refinancing options that can help make your dream home a reality.

Digital & Online Banking

Key Services

With our 24/7 Online Banking Services, you have the freedom to check your balance, pay bills, and transfer funds without stepping foot in a branch. Whether you're at home or on the go, our user-friendly interface keeps everything at your fingertips. Plus, with E-Statements Availability, you can receive your account statements electronically, making it easy to stay organized and reduce paper clutter. If you need to send money quickly to a friend or family member, take advantage of our Person-to-Person Transfers feature. It's as easy as a few taps on your phone! And for those who prefer mobile management, our Mobile Application Availability means that all these features are just a click away on your smartphone.

Security and Ease-of-Use

Your security is our top priority. We offer Electronic Signature Authorization, allowing you to sign documents securely online without the need for paper forms. This not only saves time but also enhances the safety of your transactions. While some may worry about mobile payments, we currently do not offer this feature; however, our existing services provide ample options for managing finances efficiently. You can rest assured knowing that accessing your accounts through Tropical Financial is both secure and straightforward. At Tropical Financial, we strive to ensure that you have all the tools needed for real-time account management right in your pocket. Experience the convenience of modern banking with us today!

Financial Strength

Dedicated Team

We also take pride in having 180 full-time employees and 8 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team. Each member of our staff is dedicated to making your experience with Tropical Financial as smooth as possible.

Growing Membership Base

Total Share Accounts: 119,842, showing a strong and growing member base that trusts us with their finances. Your trust inspires us to keep improving every day. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Tropical Financial is your trusted partner. Visit us at 5900 N Federal Hwy Fort Lauderdale Fl 33308 or call 888-261-8328 to learn more about how we can help you achieve your financial goals.

Investments in Your Future

With $81,902,536 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. This ongoing investment helps us stay ahead of the curve and provide you with the best possible banking experience.

Lending Capacity

We understand that life can throw financial challenges your way. That's why we have $7,803 in used auto loans and $792,368,769 in total loans and leases, supporting your financial goals across various sectors. Whether you're looking to buy a new car or consolidate debt, we have options tailored just for you.

Member-Focused Resources

Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. Our commitment to our members is evident in our approach to managing finances.

Operational Efficiency

Our operational efficiency is reflected in our -$4,040,231 net income, showing that even during tough times we strive to manage resources wisely while continuing to serve our community effectively.

Secure Savings Opportunities

Members' savings are secured through $251,113,099 in share certificates and $73,887,926 in money market shares, offering stable and rewarding financial growth opportunities. This means your hard-earned money is not only safe but also working harder for you.

Strong Financial Health

With a net worth of $86,437,267, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 877 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $230,657,764 in used vehicle loans and $130,598,057 in new vehicle loans already helping members get on the road. Whether you're considering a brand-new model or a reliable used option, we are here to support your vehicle financing needs.

Business Loans

For business owners, our outstanding commercial loans totaling $69,879,827 provide the capital needed to grow and expand. We understand the challenges faced by small businesses and offer tailored solutions to meet those needs.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $87,540,616, make buying or refinancing simple. We provide flexible terms and competitive rates to suit your unique situation.

Refinancing Options

If you're looking at ways to lower your monthly payments or access equity from your property or vehicle, consider our refinancing options. We are committed to finding the right fit for you based on eligibility and financial goals. At Tropical Financial located at 5900 N Federal Hwy Fort Lauderdale FL 33308, we prioritize our members' satisfaction by providing personalized service and expert guidance throughout the lending process. For any questions or assistance regarding our loan offerings, please don't hesitate to call us at 888-261-8328. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Whether you're ready to apply now or want more information about our services like online banking or shared branch transactions, visit us at tropicalfcu.org today!

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $15,565,175 in loans helping members manage their finances effectively. These cards come with rewards and features that can benefit your everyday spending.

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