First Commerce Credit Union
First Commerce Credit Union is a non-profit, member-owned community credit union founded in 1940 in Tallahassee, Florida, offering online and mobile banking services to its members under a CDFI-certified cooperative charter.
- Company typePrivate
- Founded1940
- HeadquartersTallahassee, United States
- Headcount101–250
- GTM typeB2C
- OfferingServices
What First Commerce Credit Union does
First Commerce Credit Union is a non-profit, member-owned cooperative financial institution headquartered in Tallahassee, Florida, founded in 1940. It provides consumer and community banking services, with publicly disclosed channel capabilities including online and mobile banking. The institution operates with a headcount of 101-250 employees and holds Community Development Financial Institution (CDFI) certification, evidenced by a $500,000 award from the CDFI Fund in April 2023.
The credit union's core product set is typical of community depository institutions: deposit accounts, lending products, and digital banking access for its membership base. Underlying technology specifics — core banking platform, digital channel architecture, fraud or authentication systems, and any proprietary components — are not disclosed in the available source data, which is largely empty or consists of a website verification/loading page rather than substantive product or technology content. No technology partnerships, integrations, patents, or proprietary features have been documented in the source material.
As a non-profit cooperative, First Commerce Credit Union is governed for the benefit of its members rather than external shareholders. Its revenue mechanics are not disclosed; credit unions of this profile typically generate net interest income from loan portfolios funded by member deposits, supplemented by non-interest fee income. No pricing models, customer segmentation, distribution channels, marketing channels, awards, partnerships, or named customer relationships are available in the source data, limiting further granularity on go-to-market and commercial mechanics.
First Commerce Credit Union firmographics
Firmographics- Name
- First Commerce Credit Union
- Legal name
- First Commerce Credit Union
- Website
- https://firstcommercecu.org
- Company type
- Private
- Founded year
- 1940
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- First Commerce Credit Union is a non-profit, member-owned community credit union founded in 1940 in Tallahassee, Florida, offering online and mobile banking services to its members under a CDFI-certified cooperative charter.
- Ownership category
- akta.pro rank
First Commerce Credit Union industry classification
Industry- Product category
- Retail Banking
- NAICS
- Credit Unions (52213)
- SIC
- Personal Credit Institutions (6141)
- akta.pro primary industry
- Community Credit Unions (Retail/Consumer Focus) (FSABAEAA)
- akta.pro secondary industry
- Retail Lending (Personal Loans, Auto, Credit Lines) (FSABAAAB)
Keywords
Where First Commerce Credit Union is headquartered
LocationHeadquarters
- HQ city
- Tallahassee
- HQ country
- United States
- HQ region
- North America
Markets served
First Commerce Credit Union business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure
First Commerce Credit Union product offering
Product offeringCore offering
First Commerce Credit Union is a member-owned, non-profit cooperative financial institution headquartered in Tallahassee, Florida. It offers online and mobile banking services to its members, operating as a traditional community credit union providing deposit, lending, and transactional banking products to individual consumers.
Differentiator
Problem solved
Functional benefit
Products and services
- Online Banking Web-based banking platform providing members with access to account information, transaction history, and self-service banking functions through the credit union's website.
Companies that use First Commerce Credit Union
Customer profileIdeal customer profiles1 record
First Commerce Credit Union technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
First Commerce Credit Union partnerships and signals
Strategic signalRecent moves2 records
Expansion highlights2 records
First Commerce Credit Union competitors and assessment
Company assessmentDirect peers
- VyStar Credit Union: Jacksonville-based community credit union serving North Florida with a similar retail-banking, member-owned model and overlapping Tallahassee/North Florida operating geography.
- Suncoast Credit Union: Large Florida-based community credit union offering retail banking, lending, and digital channels comparable to First Commerce, operating under the same NCUA regulatory framework and member-owned structure.
- Grow Financial Federal Credit Union: Tampa-based community credit union with comparable member-owned structure, retail lending focus, and online/mobile banking product set serving Florida consumers and small businesses.
- MIDFLORIDA Credit Union: Florida-headquartered community credit union with multi-county retail presence, deposit and consumer-lending products, and digital banking services analogous to First Commerce.
- FAIRWINDS Credit Union: Orlando-area community credit union offering member-owned retail banking, mortgages, and digital services comparable to First Commerce, with overlapping Florida consumer-banking focus.
- Alliant Credit Union: Member-owned credit union with a strong digital-first banking platform and broad retail-lending menu, comparable to First Commerce on cooperative structure and online/mobile delivery model.
Emerging players
- Digital Federal Credit Union (DCU): Digital-centric credit union with online-only and mobile banking capabilities, comparable to First Commerce on member-owned structure but differentiated by its leading digital UX and broader national footprint.
Broad incumbents
- PenFed Credit Union: One of the largest U.S. credit unions offering nationwide retail banking, consumer lending, and digital services — a broad incumbent that competes with First Commerce for consumer deposits and personal loans but at significantly greater scale.
- Navy Federal Credit Union: Largest U.S. credit union with a national member base and full retail-banking suite, serving as the dominant cooperative-sector benchmark that frames the competitive ceiling for community credit unions like First Commerce.
Regional players
- Langley Federal Credit Union: Virginia-headquartered community credit union with member-owned structure, mortgage and consumer-lending focus, and digital banking platform analogous to First Commerce on product mix but operating in a different geography.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
First Commerce Credit Union social profiles
Digital presenceFirst Commerce Credit Union financial estimates
Financial estimateRevenue estimate
Valuation estimate
First Commerce Credit Union leadership team
Management profileNumber of profiles
Profiles1 record
First Commerce Credit Union funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
First Commerce Credit Union M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about First Commerce Credit Union
What does First Commerce Credit Union do?
First Commerce Credit Union is a member-owned, non-profit cooperative financial institution headquartered in Tallahassee, Florida. It offers online and mobile banking services to its members, operating as a traditional community credit union providing deposit, lending, and transactional banking products to individual consumers.
Is First Commerce Credit Union a public or private company?
First Commerce Credit Union is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was First Commerce Credit Union founded?
First Commerce Credit Union was founded in 1940. It employs 101 to 250 people.
Where is First Commerce Credit Union based?
First Commerce Credit Union is headquartered in Tallahassee, United States, in the North America region.
Who are First Commerce Credit Union's main competitors?
Direct peers on record are VyStar Credit Union, Suncoast Credit Union, Grow Financial Federal Credit Union, MIDFLORIDA Credit Union, FAIRWINDS Credit Union and Alliant Credit Union. Digital Federal Credit Union (DCU) is listed as an emerging player. Broad incumbents are PenFed Credit Union and Navy Federal Credit Union. Langley Federal Credit Union is listed as a regional player.
Does First Commerce Credit Union have an API?
No public API is recorded for First Commerce Credit Union.
What industry is First Commerce Credit Union in?
First Commerce Credit Union's product category is Retail Banking. Its primary akta.pro industry code is FSABAEAA, Community Credit Unions (Retail/Consumer Focus), with a secondary code of FSABAAAB, Retail Lending (Personal Loans, Auto, Credit Lines). Its NAICS code is 52213 and its SIC code is 6141.