Company Profile

About Eastern Financial Florida Credit Union, a division of Space Coast Credit Union

The credit union movement in this country began in 1934, when Congress created the National Credit Union Administration (NCUA). This federal agency provided the legal structure and framework under which credit unions could operate.

Less than three years later, 10 employees of then fledgling Eastern Airlines affixed their signatures to a charter creating Eastern Airlines Employees Credit Union. This small organization was founded on the basic credit union philosophy of individuals pooling their financial resources for mutual benefit, not for profit.

As Eastern Airlines Employees Credit Union grew and prospered, other companies and organizations were added to the charter. To better reflect the diverse membership of more than 1,200 Member Companies, the Credit Union changed its name to Eastern Financial Florida Credit Union. A tradition of sound, conservative management has allowed Eastern Financial to thrive for more than half a century, and even survive the demise of Eastern Airlines, its original sponsor.

Eastern Financial is now the largest Credit Union in South Florida, and ranks among the top 35 in the nation. A full-service financial institution with approximately $2 billion in assets and over 225,000 Members nationwide, Eastern Financial still acknowledges the common bond and ideals it shares with credit unions worldwide: not for profit, but for service.

We invite you to continue to browse, and find out more about the Credit Union's financial products and services. As a member, you can take part in the rich history and tradition that is Eastern Financial.