About McCoy

Mission Statement

McCoy Federal Credit Union pledges to provide, through safe and sound business practices, financial services to all our members and our community to enable them to achieve their financial goals.

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Qualifications

Membership to McCoy Federal Credit Union is open to persons,
who live, work, worship, volunteer or attend school in, and businesses and other legal entities located in Orange, Osceola, Seminole or Lake Counties; members of the immediate family or household; and
organizations of such persons.

“Immediate Family” is defined as:
spouse, child, sibling, parent, grandparent, or grandchild; including stepparents, stepchildren, stepsiblings, and adoptive relationships.

“Organizations of such persons” is defined as:
an organization or organizations composed exclusively of persons who are within the field of membership of McCoy Federal Credit Union.

For more information on membership qualifications, please contact us at 407-855-5452.

All businesses within our geographical area as outlined above, also can offer their employees membership in McCoy Federal Credit Union as part of the benefits package that they offer to employees. For more information on how your business can join with McCoy Federal in this great, no-cost benefit, click here.

History

A credit union is a member-owned, member-controlled, not-for-profit cooperative financial institution organized to provide its members with a safe place to save and borrow at reasonable rates, and obtain related financial services. A credit union is a group of people who have a common bond, such as their workplace or the community in which they live, who join together to pool their money into a financial cooperative they own and supervise. The purpose of such a credit union is for people with that common bond to help other people achieve their financial goals in life through offering low cost loans and high interest savings.

It was with this spirit in mind that seven people pooled their knowledge and assets to begin a military member credit union on December 14, 1954. This was known as Pine Castle Air Force Base Federal Credit Union.

In 1958, Pine Castle Air Force Base was renamed McCoy Air Force Base in honor of Colonel Michael N.W. McCoy, and the credit union followed suit. From that time, it has been known as McCoy Federal Credit Union.

In 1974, McCoy Air Force Base was closed. Subsequently, in 1981, McCoy Federal became a community chartered credit union serving those who lived and worked in Southside Orlando, between Michigan Street, I-4, Highway 15/15A and South County Line.

McCoy Federal's first branch office, the Curry Ford Office, was opened in 1985 near the corner of Curry Ford Road and Highway 436.

The Williamsburg Branch Office began as a store front operation in 1990 on Central Florida Parkway. It wasn't long before this office had outgrown the original space, so in the summer of 1995 it was relocated to a new building on Central Florida Parkway near Orange Blossom Trail. It is now known as the Central Florida Parkway Office.

Due to the continued growth and stability of McCoy, management and the Board of Directors cut the ribbon to open the Michigan Street Office located in the Market at Southside in 1993.

In July 1997, McCoy received approval from NCUA to expand its boundaries. McCoy Federal was able to accept members who live, work, worship or attend school south of Highway 50 in Orange County, Florida. Membership is also open to members of the immediate families of those who live, work, worship or attend school south of Highway 50 in Orange County.

In October 1999, McCoy Federal opened its West Orlando Office on L.B. McLeod Road and Kirkman Road.

In March 2002, McCoy opened its sixth office located on Chickasaw Trail in East Orlando at Lake Underhill. This office features the latest in technology to serve members with the utmost safety.

In June 2003, McCoy Federal received approval to expand the membership boundaries to anyone who lives, works, worships or attends school in all of Orange County.

By the end of 2003, McCoy opened a new Administrative office building along side a new office location at 41 & 35 West Michigan Street. McCoy's operations located at The Market at Southside was relocated to the new office at 35 West Michigan Street.

In June 2006, our 7th location opened in Apopka at 931 N. Park Avenue serving our members in Northwest Orange County. Our 8th location was opened June of 2007. This location is near the Loop and Hunter's Creek in the Osceola Corporate Center at 1221 W. Osceola Parkway in Kissimmee.

In December 2006, McCoy received approval from NCUA to expand its field of membership to include Orange, Lake, Seminole and Osceola County, Florida.

We opened our 9th location in Clermont in February 2008 to serve our members in Lake County. The Clermont office is located at 4300 S. US Hwy 27 at the Legends Pointe Center.

On December 31, 2008, Central Florida Healthcare FCU merged with McCoy which added 14,000 new members and approximately $50 million in assets to our Credit Union.

We opened two new locations in 2009 serving the Ocoee and Lake Nona areas.

With the merger and new locations, McCoy Federal has over 60,000 members , assets over $400 million and 13 locations in Central Florida, making McCoy Federal one of the largest credit unions in Central Florida.

Benefits of Membership

Higher rates on savings
Lower fees
Lower rates on loans
Full range of personal financial products
Personal & Business Checking
FREE My McCoy, your 24/7 online account access
FREE Bill Payer
FREE Toni-the-Teller audio response system
FFREE ATM locations nationwide
13 conveniently located offices
Personalized friendly service