Innovations Financial Credit Union
Panama City, FL
$696M
total assets, June 30, 2026
$696M
total assets, June 30, 2026
Innovations Financial Credit Union is a state credit union based in Panama City, FL. As of June 30, 2026 it held $696.1 million in assets and $625.8 million in deposits; assets were up 12.2% from a year before. It has 28,108 members and 10 branches.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$696M
+12.2% in a year · +3.3% in a quarter
Deposits
$626M
+12.7% in a year · +3.2% in a quarter
Loans
$542M
+11.7% in a year · +1.2% in a quarter
Profit so far
$2.9M
Jan 1 to Jun 30, 2026 · +11.1% in a year
Net worth ratio
9.10%
-0.23 pts in a year
Return on assets
0.85%
-0.01 pts in a year
Facts
- Type
- State credit union
- Head office
- P. O. Box 15529, Panama City, FL, 32406
- Established
- Apr 14, 1952
- Employees
- 99
- Members
- 28,108
- Branches
- 10
- Id
- cu68732
Quarter by quarter
September 30, 2022 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets is a yearly rate.
Branches
10 offices as of June 30, 2026
| County | Branches |
|---|---|
| Bay, FL | 8 |
| Washington, FL | 1 |
| Holmes, FL | 1 |
| Office | Place |
|---|---|
| Innovations FCU-East 23RD (main office) | Panama City, FL |
| Innovations FCU-Bonifay | Bonifay, FL |
| Innovations FCU-Chipley | Chipley, FL |
| Innovations FCU-Lynn Haven | Lynn Haven, FL |
| Innovations FCU-Callaway | Panama City, FL |
| Innovations FCU-Harrison | Panama City, FL |
| Innovations FCU-West 23RD | Panama City, FL |
| Innovations FCU-Back Beach | Panama City Beach, FL |
| Innovations FCU-Middle Beach | Panama City Beach, FL |
| Innovations FCU-Navy BLVD | Panama City Beach, FL |
Related pages
Questions and answers
How big is Innovations Financial Credit Union?
$696.1 million in total assets and $625.8 million in deposits as of June 30, 2026, with assets up 12.2% from a year before. Its loans were $542.2 million.
How many branches does Innovations Financial Credit Union have?
10 branches in Florida as of June 30, 2026.
How many members does Innovations Financial Credit Union have?
28,108 members as of June 30, 2026, up 6.5% from a year before.
Is Innovations Financial Credit Union profitable?
Yes: it earned $2.94 million from January 1 to June 30, 2026 (up 11.1% from the same months a year before). Its return on assets was 0.85% a year; about 1% is typical.
Official public data from the reports every insured credit union files each quarter. Profit so far runs from January 1 to the quarter end. Credit union branch lists have no deposits or map positions. New quarters appear about two months after the quarter ends.