Grow Financial
Grow Financial is a credit union based in Tampa, Florida, established in 1955, with $3.9 billion in total assets serving 297,778 members. By Trust Grade it ranks 103rd of 107 credit unions we track in Florida. Its net worth ratio of 10.9% is stronger than 52% of similarly sized credit unions, versus a Florida median of 11.1%. It was profitable over the most recent period, with a 0.38% return on assets. Consumers filed 218 complaints about Grow Credit Inc with the CFPB — 55.3 per $1B in assets, a higher rate than 100% of peers.
How Grow Financial compares to Florida peers
How we graded Grow Financial
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (10.9% capital ratio)
- Profitable (ROA 0.38%)
- 55.3 complaints per $1B in assets
- Only 94% of complaints answered on time
Consumer complaints (CFPB)
218 complaints filed with the CFPB against Grow Credit Inc — 55.3 per $1B in assets.
Are deposits at Grow Financial insured?
Yes. Grow Financial is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Grow Financial: frequently asked questions
Is Grow Financial a good credit union?
Grow Financial earns a Bankzia Trust Grade of D (66/100, "Below average"), based on a financial-strength score of 89/100 and a customer-experience score of 42.30733944954129/100. Well-capitalized (10.9% capital ratio); Profitable (ROA 0.38%).
Is Grow Financial NCUA-insured?
Yes. Grow Financial is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Grow Financial?
Grow Financial holds $3.9 billion in total assets, ranking 103rd of 107 credit unions we track in Florida. It serves 297,778 members.
How many complaints does Grow Financial have?
Consumers filed 218 complaints about Grow Credit Inc with the CFPB, or 55.3 per $1B in assets. 94% were answered on time. 0% closed with relief to the consumer.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
