First Commerce Credit Union

  • +1

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 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.

Charter Number 68301
Address PO BOX 6416 
State Florida 
Zip-Code 32314
Phone Number (850) 488-0035
Fax Number (850) 921-2061
Email Address:
CEO/President Cecilia Homison
Members 47,548 
Full-Time Employees 122 
Part-Time Employees 20 
Number of Branch Offices 11 
Total Assets 550,432,922 

Compare First Commerce Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
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

Performance Charts

Website Image

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 11.9601,1123,992,165
All Other Unsecured Loans/Lines of Credit 12.0303,40011,153,958
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.7202,95656,356,021
Used Vehicle Loans 4.7108,697109,864,378
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.4001,281146,458,247
Total Other Real Estate Loans/Lines of Credit 2.7501,08741,548,788
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.1302,24037,950,968
TOTAL LOANS & LEASES 20,773407,324,525

First Commerce Credit Union Real Estate Loans and Lines of Credit


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 31648,697,5534013,120,721
    b. 15 Years or less 46528,925,525733,372,093
    a. > 15 years 4810,610,568102,099,563
    b. 15 Years or less 5111,151,7452131,574
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 28821,312,8291703,042,706
Adjustable Rate > 1 yr 11325,760,027222,735,211


Closed-End Fixed Rate 42213,711,434941,376,022
Closed-End Adjustable Rate 1255,101,10700
Open-End Adjustable Rate 54022,736,2473565,939,871
Open-End Fixed Rate 0000
TOTALS 2,368188,007,03576731,817,761


Interest Only & Payment Option 1st Mortgage Loans 161,725,442444,653
Interest Only & Payment Option Other RE/LOC Loans 211,730,057478,839
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

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