Tyndall Federal Credit Union returned $13.7 million of profits back to its members. The payout was given to more than 70,000 qualifying members and deposited directly into their savings accounts. Individual amounts were calculated based on participation with the credit union and ranged from $70 to $420.

Over the past five years, Tyndall has given more than $40 million in profit-sharing and disaster assistance to its members. Tyndall profit shares were distributed to 41% more people in 2022 than in 2021.

“We’re able to deliver value year after year because we don’t waste our members’ money,”

“Instead of charging excess fees, and exorbitant rates, our team is able to do this by keeping operating costs down, investing in digital channels and focusing on our members’ needs.”

                                                                                    Jim Warren, President and CEO.

On January 1, Tyndall began waiving more than 15 types of fees, including monthly service fees, minimum balance fees, money market fees, underfunding, and ATM fees. The credit union’s community support also includes providing nearly $150,000 in community grants and providing its employees with 4,000 hours of community volunteer service.

Tyndall Federal Credit Union has served residents of the Florida Panhandle and Southeast Alabama since 1956 with secure, affordable, convenient, and fast financial solutions. As a member-owned nonprofit financial cooperative, Tyndall offers a full range of financial products and services to improve lives and strengthen our communities. We continually return value to our members through competitive deposit and loan rates and reduced fees.