Charter 68042 · Tampa, FL

Powernet Credit Union

Powernet Credit Union is a state-chartered credit union in Tampa, Florida, with $125 million in assets and 3,830 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 10.05%, well above the 7% that NCUA's rules treat as well capitalized.

Total assets
$125 million
+9.6% in a year
Members
3,830
+17.7% in a year
Net worth ratio
10.05%
Peer median 11.65%
Loans 60+ days late
1.44%
Peer median 0.70%
Loans outstanding
$37.3 million
+14.2% in a year
Shares and deposits
$112 million
+8.9% in a year
Branches
3
18 employees
Opened
1961
Florida charter

How Powernet Credit Union compares

NCUA groups credit unions by size; Powernet Credit Union is in the group with $100 million to $500 million (1,061 credit unions). Its net worth ratio of 10.05% is lower than that group's median of 11.65%, and its share of loans 60 or more days past due, 1.44%, is higher than the group median of 0.70%. Loans grew 14.2% over the year to Q2 2026, against a group median of 2.9% growth.

By assets it ranks 70 of 107 credit unions headquartered in Florida. See all Florida credit unions.

Five quarters of figures

QuarterAssetsMembersLoansNet worth ratio60+ days late
Q2 2026 $125 million 3,830 $37.3 million 10.05% 1.44%
Q1 2026 $125 million 3,814 $35.8 million 9.80% 1.17%
Q4 2025 $116 million 3,224 $33.3 million 9.80% 0.46%
Q3 2025 $117 million 3,216 $32.9 million 9.57% 1.17%
Q2 2025 $114 million 3,255 $32.7 million 9.64% 0.57%

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 25,000 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 3 sites for Powernet Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.

  • Main Office (main office)
    5619 Harney Rd, Tampa, FL 33610
  • JAX Office
    966 N Liberty St, Jacksonville, FL 32206
  • Miami Office
    1657 Nw 17Th Ave, Miami, FL 33125

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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