Question 1

What is TMH Federal Credit Union?

Accepted Answer

TMH Federal Credit Union is a federally chartered credit union headquartered in Tallahassee, Florida. Established to serve the employees and community of Tallahassee Memorial HealthCare, the credit union operates as a member-owned financial cooperative. With approximately $86.5 million in assets and serving over 8,600 members, TMH FCU provides a full range of financial services with a focus on personalized member service and community healthcare connections.

The credit union maintains a strong financial position with a net worth ratio of 10.09% and offers competitive rates on savings accounts, certificates, and loans.

Question 2

When was TMH Federal Credit Union founded?

Accepted Answer

TMH Federal Credit Union was founded in 1962, established to serve employees of Tallahassee Memorial Hospital (now Tallahassee Memorial HealthCare). The credit union was created approximately 14 years after the hospital itself opened its doors in 1948.

The credit union was formed during a period of growth for the hospital and has evolved alongside TMH's development from a small community hospital into a major regional healthcare system serving 22 counties across North Florida and South Georgia.

Question 3

Where is TMH Federal Credit Union headquartered?

Accepted Answer

TMH Federal Credit Union is headquartered at 345 S. Magnolia Drive in Tallahassee, Florida. This main office location is conveniently situated near the Tallahassee Memorial HealthCare campus.

The headquarters provides member services Monday through Friday from 9:00 AM to 5:00 PM, with Interactive Teller Machines (ITMs) available 24 hours a day, seven days a week.

Question 4

Where does TMH Federal Credit Union operate?

Accepted Answer

TMH Federal Credit Union operates primarily in Tallahassee, Florida, with two branch locations. The main office is located at 345 S. Magnolia Drive, while the Hospital Branch Office is situated at 1300 Miccosukee Road within the Tallahassee Memorial HealthCare facility.

The Hospital Branch maintains extended hours during TMH paydays, opening from 7:30 AM to 4:30 PM to better serve healthcare employees. Members also have access to shared service centers through the Florida Credit Union Shared Services network, providing additional transaction locations throughout Florida and across the country.

Question 5

What services does TMH Federal Credit Union offer?

Accepted Answer

TMH Federal Credit Union provides comprehensive financial services including share savings accounts, checking accounts, certificates of deposit, consumer loans, auto loans, mortgage products, and credit cards. The credit union offers competitive rates with savings accounts starting at 0.25% APY and certificates ranging from 6-month to 48-month terms.

Digital banking services include online banking, mobile banking through their dedicated mobile app available on iOS and Android platforms, and bill pay services. Members can check balances, review transactions, transfer funds, and manage their accounts remotely.

The credit union also provides access to surcharge-free ATMs through the shared branch network, offering convenient 24/7 account access. Interactive Teller Machines at the main office location extend banking hours beyond traditional lobby times.

Question 6

What makes TMH Federal Credit Union unique?

Accepted Answer

TMH Federal Credit Union's defining characteristic is its close relationship with Tallahassee Memorial HealthCare and the healthcare community. The credit union was specifically established to serve TMH employees and has maintained this healthcare focus throughout its 60-plus year history.

The Hospital Branch location within the TMH facility at 1300 Miccosukee Road provides exceptional convenience for healthcare workers, with extended hours during paydays. This on-site presence demonstrates the credit union's commitment to meeting the unique scheduling needs of healthcare professionals who work varying shifts.

As a federally chartered credit union, TMH FCU operates under NCUA supervision and provides federal deposit insurance up to $250,000 per depositor. The credit union has earned a low-income designation, reflecting its service to underserved communities.

Question 7

What type of financial institution is TMH Federal Credit Union?

Accepted Answer

TMH Federal Credit Union is a federally chartered credit union regulated by the National Credit Union Administration (NCUA). The credit union operates as a not-for-profit financial cooperative owned by its members, where each member has equal voting rights regardless of account size.

Membership is available to employees and retirees of Tallahassee Memorial HealthCare and their immediate family members. Once an individual becomes a member, they maintain membership for life regardless of employment changes or relocation, and their immediate family and household members may also join.

The credit union operates under the cooperative principles of democratic member control, with profits returned to members through competitive rates, lower fees, and enhanced services rather than distributed to outside shareholders.

TMH Federal Credit Union

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About TMH Federal Credit Union in the United States