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Tropical Financial Credit Union company history timeline

1935

Southern Bell (later renamed BellSouth and now AT&T) organized the credit union in March 1935 with over $800 in deposits and over $400 in loans by the end of the second day.

1939

In 1939, the name was changed to Tropical Telco Federal Credit Union.

1956

Katie Vachon became general manager in 1956 when assets reached $2 million.

1957

In 1957, assets grew to $2.5 million and Tropical Telco moved into a new building on Giralda Avenue in Coral Gables and formed a Credit Union Booster Club.

1965

By 1965, assets had reached over $5 million.

1968

In 1968, assets of the credit union reached $10 million.

1978

In 1978, the phenomenal growth resulted in assets of $50 million.

1979

By 1979, Tropical Telco had evolved to practically a full service financial institution.

1987

On August 1, 1987, President Greg Blount joined the Credit Union.

1989

In 1989, Tropical Telco's Board of Directors approved the expansion of the field of membership to the first Select Employee Group (SEG) outside of the core "Bell System" employee groups served.

1990

By the 1990s, Tropical Telco's staff had grown to over 260.

1995

In 1995, Tropical Telco Federal Credit Union celebrated its 60th anniversary and changed its name to Tropical Federal Credit Union.

2002

In 2002, several programs were founded, including MIFF (Member Interaction Feedback Form), TOPS (Tropical Operations and Proposal System) and T-CAT (Tropical's Community Action Team).

2003

In 2003, Tropical Financial CU expanded its branch network to in-store environments.

2004

With 10 new branches, TFCU doubled the size of its branch network in 2004.

2007

TFCU assets exceeded $700 Million in 2007.

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Founded
1935
Company founded
Headquarters
Miramar, FL
Company headquarter
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Zippia gives an in-depth look into the details of Tropical Financial Credit Union, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Tropical Financial Credit Union. The employee data is based on information from people who have self-reported their past or current employments at Tropical Financial Credit Union. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Tropical Financial Credit Union. The data presented on this page does not represent the view of Tropical Financial Credit Union and its employees or that of Zippia.

Tropical Financial Credit Union may also be known as or be related to TROPICAL FINANCIAL CREDIT UNION and Tropical Financial Credit Union.