Railroad & Industrial Federal Credit Union

Railroad & Industrial Federal Credit Union is a credit union founded in 1935. Started with an investment of only $70, Railroad & Industrial Federal Credit Union has grown to $325 million in assets at 9 locations, with more than 34,000 members throughout Tampa Bay and Florida .. Employees of CSX Railroad and of Railroad and Industrial Company Groups are eligible for membership in this credit union. Railroad & Industrial Federal Credit Union is regulated by the National Credit Union Administration (NCUA).

Railroad & Industrial Federal Credit Union provides personal loans, revolving lines of credit, home equity, business and mortgage loans, as well as new and used auto loans, credit cards and auto buying services. They provide traditional checking and savings accounts, and also offer money market, money management, IRAs, CDs, as well as insurance, investment, merchant and payroll deduction services.

History

Railroad & Industrial Federal Credit Union was formerly known as Railroad & Industrial Credit Union and changed its name to Railroad & Industrial Federal Credit Union in September 2003. Railroad & Industrial Federal Credit Union was founded in 1935 by 14 railroad employees with a $70 joint investment. They opened the first branch in Tampa, Florida.

In June 2017, Railroad & Industrial Federal Credit Union opened its ninth branch, in Zephyrhills, Florida.

In October 2017, myCUmortgage recognized RIFCU as their New Partner of the Year.