Proof of Usefulness Report

Florida Credit Union

Analysis completed on 2/6/2026

+555
Proof of Usefulness Score
Industry Mainstay

Florida Credit Union (FCU) is a verified financial institution established in 1954 with over $2.2B in assets and $169M annual revenue, placing it in the top 5% of credit unions nationally. While the submission data contained inaccuracies (confusing 'market cap' with net assets) and lacked detail, the entity's real-world utility and verified traction are exceptional. The score reflects the high value of the business, significantly adjusted down for the lack of technical novelty and the poor quality of the project submission.

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Score Breakdown

Real World Utility+180
Audience Reach Impact+104
Technical Innovation+20
Evidence Of Traction+294
Market Timing Relevance+50
Functional Completeness+5
Subtotal+653
Usefulness Multiplierx0.85
Final Score+555

Project Details

Project URL
flcu.org
Description
Florida Credit Union is a not-for-profit financial institution chartered for the sole purpose of helping consumers and businesses. Our owners are our members! We are dedicated to serving our membership by offering convenient products and services that are designed to meet the financial needs of the member/owners while preserving the strength of the cooperative for future generations. Florida Credit Union is federally insured by the NCUA. Non-deposit investment products and services are offered through CUSO Financial Services, L..P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. The Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline