At a glance
From its website, read 2 Nov 2026Launch Credit Union is a credit union based in Merritt Island, Florida. Its website describes auto loans, home mortgages and personal loans. Where it lends: Members who live, work, worship or attend school in Brevard, Volusia, Orange, Seminole, Flagler or Osceola County. The consumer loan APR it states is 9.99%. You can start an application online.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Lending | (321) 456-5441 source |
|---|---|
| Main | (321) 455-9400 source |
| Toll-free | (800) 662-5257 source |
| Apply online | Page with the application link |
| Website | www.launchcu.com |
| Office (official list) | 300 S. Plumosa Street, Merritt Island, FL 32952 |
What their website says about applying
Apply online today, or give our lending center a call at 321-456-5441 (inside Brevard) or 800-662-5257 (outside Brevard).
sourceTo get your auto loan pre-approval call a friendly Launch CU loan specialist at 321-456-5441 or simply apply online now.
source
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Rates and terms they state
Read 2 Nov 2026| Loan | Stated | Text on the lender's site (verbatim) | Page |
|---|---|---|---|
| Personal / consumer loans | Rate: from 9.99% APR | APR = Annual Percentage Rate. Rate as low as 9.99% APR. | source |
As published on the lender's website on that date, not an offer or a quote. Your rate depends on the lender's review. A missing rate means the pages we read did not state one. For consumer loans we repeat a rate only when the lender states it as an APR (annual percentage rate, which includes fees); otherwise read the lender's own wording and ask for the APR.
Who qualifies, in their words
- Collateral flexible or not always required
Several terms available. Rates based on term of loan. No collateral necessary.
source
Only rules the lender's own pages state. Other requirements may apply.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Credit union |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 20 Apr 2023 |
| RSSD ID | 406385 |
| Address | 300 S. Plumosa Street, Merritt Island, FL 32952 Directions (Google Maps) |
| Website | www.launchcu.com |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 2 Nov 2026Read from 7 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: high. Business lending page says commercial loans are offered through Suncoast Credit Union, so those were excluded; loan amounts for personal loans appear only in table layouts not quoted here. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Auto / vehicle loans | — | If you are in the market for a new or used vehicle, apply for an auto loan with Launch CU. | source |
| Home mortgages | — | Learn More About Our First Mortgage Rates | source |
| Personal / consumer loans | — | We offer three types of personal loans: signature loans, line of credit, and savings secured. | source |
Loan sizes
Credit Line from $500 to $50,000
source
Service area
Members who live, work, worship or attend school in Brevard, Volusia, Orange, Seminole, Flagler or Osceola County
You must live, work, worship, or attend school in Brevard, Volusia, Orange, Seminole, Flagler, or Osceola County to become a member.
source
Counties this matches: Brevard County, FL, Flagler County, FL, Orange County, FL, Osceola County, FL, Seminole County, FL, Volusia County, FL
Borrower focus
- Not stated on the pages we read.
Languages
- No non-English service found on the pages we read.
Online application
Yes — the site links to an application. Apply for your signature loan, line of credit, or savings secured loan online today
source
Pages read (7)
- https://www.launchcu.com/
- https://www.launchcu.com/rates/
- https://www.launchcu.com/loans-cc/auto/
- https://www.launchcu.com/loans-cc/personal/
- https://www.launchcu.com/loans-cc/credit-cards/
- https://www.launchcu.com/business-banking/business-loans/
- https://www.launchcu.com/resources/services/financial-education-resources/
Questions to ask when you contact them
Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- How do I become a member, and is there a fee or a minimum deposit?
Credit unions lend only to their members. - What are the smallest and the largest loans you make?
No loan amounts are stated on their website. - What is the APR, including fees, on your auto loans and home mortgages?
Their website does not state an APR. The APR includes fees, so it is the number to compare. - Is there a minimum credit score, and do you consider borrowers with little or no credit history?
Their website does not say what credit history they accept. - How long can I take to repay?
No repayment terms are stated on their website. - Do you offer down-payment help, and is a homebuyer education course required?
CDFI home loans often come with homebuyer education or down-payment help; their website does not say. - What documents will you need from me, and how long does a decision usually take?
Their website describes some application steps (above); ask for the full document list.
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$383,223 in 1 award from the U.S. Treasury's CDFI Fund, 2024 (Small Dollar Loan Program).
| Round year | Program | Amount |
|---|---|---|
| 2024 | Small Dollar Loan Program | $383,223 |
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Branches and size
NCUA, 30 Jun 2026On file with the NCUA as LAUNCH CREDIT UNION (charter 68716). Source: NCUA 5300 Call Report quarterly data (public data) as of 30 Jun 2026, downloaded 3 Nov 2026: total assets, members and branch addresses.
| Total assets | $1.4 billion (as of 30 Jun 2026) |
|---|---|
| Members | 87,188 (as of 30 Jun 2026) |
| Offices | 20 (as of 30 Jun 2026) |
Offices by state and county (20)
Florida (20 offices)
- Brevard County (13): 300 S Plumosa St, Merritt Island 32952 (main office); 14640 Hanger Rd, Cape Canaveral 32920; 7347 N Highway 1, Cocoa 32927; Ksc Central Campus Building M7-0301, Kennedy Space Center 32899; Mff Building Rm # 102, Kennedy Space Center 32899; 2200 N Wickham Rd, Melbourne 32935; 685 S Babcock St, Melbourne 32901; 415 Fortenberry Rd, Merritt Island 32952; 5225 Babcock St NE, Palm Bay 32905; 3300 Murrell Rd, Rockledge 32955; 3950 S Washington Ave, Titusville 32780; 90 S Singleton Ave, Titusville 32796; 4301 Norfolk Pkwy, West Melbourne 32904
- Volusia County (7): 301 W New York Ave, Deland 32720; 2810 S Ridgewood Ave, Edgewater 32141; 1000 W Rhode Island Ave, Orange City 32763; 2277 Veterans Memorial Pkwy, Orange City 32763; 240 Williamson Blvd, Ormond Beach 32174; 801 Taylor Rd, Port Orange 32127; 2290 S Ridgewood Ave, South Daytona 32119
An office shows where the lender has a branch, not where it lends or whom it lends to. Credit unions serve members only; check who can join. For the ZIP-code search, credit-union offices are placed at the centre of their ZIP code (approximate).
What the regulator filing shows
NCUA 5300, 30 Jun 2026Figures from the 5300 Call Report filed by Launch Credit Union (NCUA charter 68716, filed as “LAUNCH CREDIT UNION”). Source: NCUA 5300 Call Report quarterly data (public data), cycle 30 Jun 2026; year-earlier figures from the 30 Jun 2025 cycle; downloaded 3 Nov 2026.
| Total loans and leases | $1.15 billion, 78,267 loans (as of 30 Jun 2026) |
|---|---|
| Change over the year | Up 7.3% from $1.07 billion on 30 Jun 2025 |
| Members | 87,188 (as of 30 Jun 2026); 85,638 (as of 30 Jun 2025) |
| Loans per member | $13,186 (total loans divided by members, 30 Jun 2026) |
| Total assets | $1.44 billion (as of 30 Jun 2026) |
Loan mix (balances on 30 Jun 2026)
| Loan category | Balance | Share |
|---|---|---|
| New vehicle loans | $100.6 million | 8.8% |
| Used vehicle loans | $151.4 million | 13.2% |
| First-lien home mortgages (1-4 family) | $327 million | 28.4% |
| Other real estate loans (junior liens, other) | $72.8 million | 6.3% |
| Commercial (business) loans | $357 million | 31.1% |
| Credit cards | $47.8 million | 4.2% |
| Other unsecured loans | $74.9 million | 6.5% |
| Leases and other secured loans | $18 million | 1.6% |
Balances are loans outstanding on the report date, not loans made during the year. A category with no balance does not mean the credit union never makes that kind of loan. Credit unions lend to members only; check who can join.
Home loans reported under HMDA (2025)
FFIEC HMDA data, 2025Launch Credit Union reported 599 originated home loans for 2025 under the Home Mortgage Disclosure Act, totaling about $68.8M (median loan about $85,000). 51 were home-purchase loans.
By loan purpose
| Purpose | Loans | Share |
|---|---|---|
| Home purchase | 51 | 8.5% |
| Refinance (incl. 534 cash-out) | 548 | 91% |
By loan type
| Loan type | Loans | Share |
|---|---|---|
| Conventional | 599 | 100% |
Where the loans were made
Counties with the most 2025 originations, out of 20 counties with at least one; 100% of its 2025 loans were for properties in Florida:
- Brevard County, FL (375)
- Volusia County, FL (150)
- Orange County, FL (19)
- Flagler County, FL (10)
- Seminole County, FL (9)
- Osceola County, FL (7)
- Lake County, FL (6)
- Hernando County, FL (4)
Filed under LEI 54930029L79O0A2ZXF27 as “LAUNCH CREDIT UNION”; matched by its RSSD ID on the CDFI Fund list, which the HMDA reporter panel links to this LEI.
Source: FFIEC Home Mortgage Disclosure Act (HMDA) data for 2025, snapshot frozen 2 Jun 2026, loan-level records read through the CFPB HMDA Data Browser API on 3 Nov 2026. Originated loans only; applications that were denied, withdrawn or not accepted are not counted. HMDA publishes each loan amount as the middle of a $10,000 band, so totals and medians are approximate. Counts under 3 are not shown. How we match lenders.
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Total assets (Call Report, 30 Jun 2026) | $1.44 billion | Larger than 79% of the 19 other certified credit unions in Florida (median $379.2 million). |
| Loans as a share of assets | 80% | Median of the same 19 credit unions: 74%. A higher share means more of its balance sheet is lent out. |
| Loans held, 30 Jun 2025 → 30 Jun 2026 | $1.07 billion → $1.15 billion (+7%) | Median change of 19 other certified credit unions in Florida: +7%. Rank by loans held among these 20: 3 → 3. |
| Home loans originated in 2025 (HMDA) | 599 | More than 88% of the 263 other certified CDFIs that reported 3 or more (119 at the median). Volume only; nothing here is an approval rate. |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Call Report total assets | other certified credit unions in Florida | 19 | larger than 79% |
| Loans held then vs now | certified credit unions in Florida reporting both dates | 19 | rank 3 → 3 of 20 |
| HMDA home loans | certified CDFIs with 3+ originations in 2025, nationwide | 263 | more than 88% |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered. Peer groups and sources: methodology. Assets and loans: FFIEC and NCUA Call Reports (see the loan-mix section). Home loans: FFIEC/CFPB HMDA data.
Other certified CDFIs in Merritt Island and Florida
- BAC Funding Consortium, Inc.Loan fund · Miami, FLCommercial real estate loans, Equipment loans, Equity / venture investment, Small-business loansVerified
- BBIF Capital, Inc.Loan fund · Orlando, FLCommercial real estate loans, Microloans, Small-business loansVerified
- BLACK ECONOMIC DEVELOPMENT COALITION, INC.Loan fund · Miami, FLMicroloans, Small-business loansVerified
- Blue Coast Federal Credit UnionCredit union · Perry, FLAgriculture / farm loans, Auto / vehicle loans, Home repair / improvement loans, Personal / consumer loans…Verified
- Calhoun Liberty Credit UnionCredit union · Blountstown, FLAuto / vehicle loans, Credit-builder loans, Home mortgages, Personal / consumer loansVerified
- Central County Community Development CorporationLoan fund · Fort Lauderdale, FLSmall-business loansVerified
Work at Launch Credit Union? Link to this page
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