Charter 68716 · Merritt Island, FL
Launch Credit Union
Launch Credit Union is a state-chartered credit union in Merritt Island, Florida, with $1.44 billion in assets and 87,188 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 9.32%, well above the 7% that NCUA's rules treat as well capitalized.
Also does business as Launch CU, Launch.
- Total assets
- $1.44 billion
- +1.7% in a year
- Members
- 87,188
- +1.8% in a year
- Net worth ratio
- 9.32%
- Peer median 10.79%
- Loans 60+ days late
- 0.95%
- Peer median 0.67%
- Loans outstanding
- $1.15 billion
- +7.3% in a year
- Shares and deposits
- $1.19 billion
- +1.2% in a year
- Branches
- 19
- 301 employees
- Opened
- 1963
- Florida charter
How Launch Credit Union compares
NCUA groups credit unions by size; Launch Credit Union is in the group with $500 million and up (759 credit unions). Its net worth ratio of 9.32% is lower than that group's median of 10.79%, and its share of loans 60 or more days past due, 0.95%, is higher than the group median of 0.67%. Loans grew 7.3% over the year to Q2 2026, against a group median of 5.3% growth.
By assets it ranks 22 of 107 credit unions headquartered in Florida. See all Florida credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $1.44 billion | 87,188 | $1.15 billion | 9.32% | 0.95% |
| Q1 2026 | $1.46 billion | 85,017 | $1.12 billion | 9.14% | 0.25% |
| Q4 2025 | $1.44 billion | 86,606 | $1.12 billion | 9.21% | 0.31% |
| Q3 2025 | $1.43 billion | 86,176 | $1.08 billion | 9.10% | 0.34% |
| Q2 2025 | $1.42 billion | 85,638 | $1.07 billion | 8.92% | 0.28% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 5.4 million potential members. It holds NCUA's low-income designation, which lets it accept non-member deposits and raise secondary capital.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 20 sites for Launch Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Administration Building (main office)
300 S Plumosa St, Merritt Island, FL 32952 - Merritt Island
415 Fortenberry Rd, Merritt Island, FL 32952 - Titusville - US1
3950 S Washington Ave, Titusville, FL 32780 - Port St. John
7347 N Highway 1, Cocoa, FL 32927 - Rockledge
3300 Murrell Rd, Rockledge, FL 32955 - Palm Bay
5225 Babcock St Ne, Palm Bay, FL 32905 - KSC Central Campus
Ksc Central Campus Building M7-0301, Kennedy Space Center, FL 32899 - KSC - MFF
Mff Building Rm # 102, Kennedy Space Center, FL 32899 - South Daytona
2290 S Ridgewood Ave, South Daytona, FL 32119 - Deland
301 W New York Ave, Deland, FL 32720 - Edgewater
2810 S Ridgewood Ave, Edgewater, FL 32141 - Melbourne - Whickham
2200 N Wickham Rd, Melbourne, FL 32935 - Orange City
2277 Veterans Memorial Pkwy, Orange City, FL 32763 - Ormond Beach
240 Williamson Blvd, Ormond Beach, FL 32174 - Cape Canaveral Space Force Station
14640 Hanger Rd, Cape Canaveral, FL 32920 - West Melbourne
4301 Norfolk Pkwy, West Melbourne, FL 32904 - Melbourne Babcock
685 S Babcock St, Melbourne, FL 32901 - School - Spruce Creek High School
801 Taylor Rd, Port Orange, FL 32127 - School - University High School
1000 W Rhode Island Ave, Orange City, FL 32763 - Titusville - Singleton
90 S Singleton Ave, Titusville, FL 32796
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology