Serving Northeast Florida for over 90 Years

Type of Organization

Who can join

Invested in

Deposits federally insured

Governance

Not-for-profit – Fewer fees, better rates

As a not-for-profit financial cooperative, we return our profits to our members in the form of better rates, lower fees, and greater service.

Members

RadiFi’s membership is open to anyone we serve, including the family of eligible members.

Community Members

We serve the needs of our membership and community by investing our non-interest income and interest from loans in local organizations working to make a difference. 

NCUA Insured ($250k)

Your deposits are insured by the National Credit Union Administration (NCUA) and are backed by the faith and credit of the United States Government.

Member Owned

Each member can exercise their voting rights to fill seats on the Board of Directors. The directors advocate for membership.

For-profit – More fees, worse rates

Traditional banking institutions primarily focus on generating profits for their shareholders with no added benefits to their customers. 

Customers

You cannot join a bank, but anyone can be a customer. 

Generating revenue

Banks use the income they generate from fees, interest, business accounts and investments to increase their shareholders’ earnings. 

FDIC Insured ($250k)

At a bank, your deposits are insured by the Federal Deposit Insurance Corporation and are backed by the full faith of the United States Government. 

Stakeholder Owned

Banks are governed by their shareholders. Voting rights depend on the number of shares you own leaving regular customers out of decisions.