Launch Credit Union (NCUA charter #68716) is based in Merritt Island, Florida. Its Q2 2026 call report shows $1.4B in total assets and $1.2B in member shares and deposits and 20 offices.
Based on its Q2 2026 filing, Launch Credit Union scores 54/100, which we describe as below average. That is higher than only 11% of 454 credit unions with $1 billion – $10 billion. Among 107 credit unions headquartered in Florida, it ranks 99th. Its strongest component is problem-loan coverage (83/100; 8.3%), and its lowest is earnings (32/100; 0.29%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score fell 6 points (60 → 54), mostly because the loan quality component weakened by 23 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 59 |
| Q3 2024 | 59 |
| Q4 2024 | 60 |
| Q1 2025 | 60 |
| Q2 2025 | 60 |
| Q3 2025 | 62 |
| Q4 2025 | 63 |
| Q1 2026 | 61 |
| Q2 2026 | 54 |
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| Quarter | Net worth ratio |
|---|---|
| Q2 2024 | 8.84% |
| Q3 2024 | 8.93% |
| Q4 2024 | 8.98% |
| Q1 2025 | 8.73% |
| Q2 2025 | 8.92% |
| Q3 2025 | 9.10% |
| Q4 2025 | 9.21% |
| Q1 2026 | 9.14% |
| Q2 2026 | 9.32% |
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| Quarter | Delinquent loans (60+ days) |
|---|---|
| Q2 2024 | 0.38% |
| Q3 2024 | 0.38% |
| Q4 2024 | 0.39% |
| Q1 2025 | 0.25% |
| Q2 2025 | 0.28% |
| Q3 2025 | 0.34% |
| Q4 2025 | 0.31% |
| Q1 2026 | 0.25% |
| Q2 2026 | 0.95% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.42% |
| Q3 2024 | 0.36% |
| Q4 2024 | 0.34% |
| Q1 2025 | 0.20% |
| Q2 2025 | 0.21% |
| Q3 2025 | 0.45% |
| Q4 2025 | 0.53% |
| Q1 2026 | 0.21% |
| Q2 2026 | 0.29% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 54 | $1.4B | 9.32% | 0.95% | 0.29% | 96.7% |
| Q1 2026 | 61 | $1.5B | 9.14% | 0.25% | 0.21% | 92.0% |
| Q4 2025 | 63 | $1.4B | 9.21% | 0.31% | 0.53% | 93.7% |
| Q3 2025 | 62 | $1.4B | 9.10% | 0.34% | 0.45% | 91.8% |
| Q2 2025 | 60 | $1.4B | 8.92% | 0.28% | 0.21% | 91.1% |
| Q1 2025 | 60 | $1.4B | 8.73% | 0.25% | 0.20% | 89.8% |
| Q4 2024 | 60 | $1.4B | 8.98% | 0.39% | 0.34% | 94.5% |
| Q3 2024 | 59 | $1.4B | 8.93% | 0.38% | 0.36% | 95.9% |
| Q2 2024 | 59 | $1.4B | 8.84% | 0.38% | 0.42% | 97.7% |
454 peers · $1 billion – $10 billion
How it compares with peers
Percentile against credit unions of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size credit unions in Florida
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Community Credit Union of FloridaCredit union Rockledge, FL | 70 out of 100, Strong | $1.4B | 11.3% | 0.22% | vs |
| First Florida Credit UnionCredit union Jacksonville, FL | 72 out of 100, Strong | $1.5B | 12.9% | 0.65% | vs |
| Usf Federal Credit UnionCredit union Tampa, FL | 60 out of 100, Moderate | $1.4B | 10.6% | 0.77% | vs |
| Gulf Winds Credit UnionCredit union Pensacola, FL | 69 out of 100, Moderate | $1.4B | 9.9% | 0.44% | vs |
| Dade County Federal Credit UnionCredit union Sweetwater, FL | 84 out of 100, Strong | $1.5B | 13.1% | 0.31% | vs |
| First Commerce Credit UnionCredit union Tallahassee, FL | 65 out of 100, Moderate | $1.2B | 10.1% | 0.50% | vs |
Deposit insurance
Is my money safe at Launch Credit Union?
Yes. Launch Credit Union is a federally insured credit union (NCUA charter #68716). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.
An estimated 6.6% of shares and deposits ($77.9M) are above the $250,000 NCUA insurance limit, below the peer median of 9%. Insured balances are protected regardless of the score.
The net worth ratio is 9.32%, above the 7% level regulators use as the "well capitalized" benchmark for this measure.
20 locations
Branches
Launch Credit Union lists 20 offices in 15 cities. Most locations:
- Kennedy Space Center, FL (2)
- Melbourne, FL (2)
- Merritt Island, FL (2)
- Orange City, FL (2)
- Titusville, FL (2)
- Cape Canaveral, FL (1)
- Cocoa, FL (1)
- Deland, FL (1)
- Edgewater, FL (1)
- Ormond Beach, FL (1)
- Palm Bay, FL (1)
- Port Orange, FL (1)
HMDA 2025
Mortgage lending
In 2025, Launch Credit Union reported 1,346 home-loan applications under HMDA (LEI 54930029L79O0A2ZXF27): 599 originated ($68,785,000 total), 564 denied, and 54 withdrawn or closed by the applicant. Its denial rate on decided applications was 43.7%, compared with 22.2% for all lenders nationwide.
Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.
Identity & history
Profile
- Legal name
- Launch Credit Union
- Type
- Federally insured state-chartered credit union
- NCUA charter #
- 68716
- RSSD ID
- 406385
- Primary regulator
- State + NCUA
- Established
- 1963
- Headquarters
- 300 S Plumosa St, Merritt Island, FL 32952
- Employees
- 301
Quick answers
Launch Credit Union: common questions
Is Launch Credit Union NCUA insured?
Yes. Launch Credit Union is a federally insured credit union (NCUA charter #68716). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.
What is Launch Credit Union's TellerScore?
54 out of 100 (Below average), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
How many branches does Launch Credit Union have?
20 offices as of the latest NCUA data.
Nearby
Highest-scoring banks and credit unions with branches near Merritt Island
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Cypress Bank & TrustBank Melbourne, FL | 79 out of 100, Strong | $256.8M | 11.8% | 0.00% | vs |
| Community Credit Union of FloridaCredit union Rockledge, FL | 70 out of 100, Strong | $1.4B | 11.3% | 0.22% | vs |
| Sunrise BankBank Orlando, FL | 68 out of 100, Moderate | $622.9M | 9.5% | 0.10% | vs |
| SouthState Bank, National AssociationBank Winter Haven, FL | 68 out of 100, Moderate | $68.8B | 10.3% | 0.54% | vs |
| Community Bank of the SouthBank Merritt Island, FL | 67 out of 100, Moderate | $266.5M | 9.5% | 0.00% | vs |
| United Community BankBank Greenville, SC | 67 out of 100, Moderate | $29.0B | 9.5% | 0.51% | vs |