Jacksonville Postal & Professional Credit union was formed in 1929 by a small group of twelve postal employees. Our credit union has a long and distinguished history, steeped in the philosophy that credit unions are founded on. The credit union was originally chartered, on October 15, 1929 and was the first state chartered credit union in the state of Florida.
The twelve employees who formed the credit union signed a Certificate of Organization, and each of them subscribed to one share in the Credit Union (a total of $60). The first shareholders were Howard DeVaugh, George Pope, William Klein, Charles Stoddard, Francis Wright, William Woods, Earle Gibbs, W. W. Coleman, J. H. Knowles, Louis Damato, Williams Stratz and Albert E. Murray. By 1948 our assets were $69,138.83. In 2010, our assets are over $42,000,000 with over 5000 members. JPPCU postal employees and their families remain the core membership of the credit union, but we also serve the employees of professional companies and organizations.
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
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NMLS 1795154