The Credit Union Advisors Making Your Credit Union Successful is the Driving Force Behind Everything We Do

Experienced. Innovative. Accessible. The Saltmarsh Credit Union Advisor team has been working side-by-side with financial institutions in the state since 1944. Continually monitoring the industry for changes in regulations, standards and market trends to provide the best accounting, compliance and out-sourced services, you know you can rely on Saltmarsh to deliver.

Our Financial Institutions practice is one of the largest in the Southeast, with staff dedicated exclusively to this sector. Our team members are also industry leaders who have the knowledge and experience to provide you with unparalleled service and guidance.

Our Credit Union services include:

What Sets Saltmarsh Credit Union Advisors Apart

  • Our Values
  • Our Commitment to Excellence
  • Our Credit Union Expertise
  • Our Credit Union Team
  • Our Professional Activities
  • Our Global Resources

Welcome to The Credit Union Advisors: Alex Hager, Director

Alex Hager, Director We understand your time is valuable and would like to thank you for taking the time to review our website. Our firm specializes in working with financial institutions who are actively taking the steps to build success within their organizations. Many credit unions have moved to new product lines in order to bring value to their members. The dynamic regulatory environment along with these new services increases the importance of quality audit and review processes. We have a track record of successful risk-based processes that help to transform internal and external audit from being considered a cost of doing business to being a strategic differentiator.

Upcoming Seminars

Pensacola Business Leaders Funnel
Wednesday, May 16, 2018
600 S. Palafox Street
Pensacola, FL 32502

Annual Accounting & Auditing Update
Friday, June 22, 2018
600 S. Palafox Street

Member Business Loans Increase in Florida Credit Unions

In 2013, the growth rate of member business loans at credit unions in Florida was almost doubled that of 2012. Also, have risen to nearly twice the national credit union average.

Florida’s 158 credit unions added $154 million in new member business loans in 2013, which is an 11 percent gain from 2012.

Credit Unions in Florida had a combined $47.2 billion in assets at 2013 year’s end, up $1.75 billion from the previous year. Additionally, credit unions nationwide also grew assets, loans and deposits last year.

SNL stated that net income was an aggregate $8.22 billion in 2013, compared to $8.6 billion in 2012. It was the first drop since 2008.

As a whole, the credit union industry grew assets 3.9 percent, while loans and leases were up 7.9 percent in 2013.

The largest credit union in Florida and No. 15 on SNL’s list of 50 largest credit unions nationally, Suncoast Credit Union in Tampa, had $5.5 billion in assets at the end of 2013, up 5.8 percent from 2012. The Credit Union’s loans and leases prospered 7.3 percent in 2013, to $3.8 billion.

The Credit Union Advisors - a Division of Saltmarsh, Cleaveland & Gund - Certified Public Accountants And Consultants
Phone: 800.477.7458 ° Email:
(c) 2018 Saltmarsh, Cleaveland & Gund

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