Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
P.O. Box 3247
El Centro, CA 92244

First Imperial Credit Union is headquartered in El Centro and is the 172nd largest credit union in the state of California. It is also the 1,815st largest credit union in the nation. It was established in 1942 and as of December of 2013, it had grown to 23 employees and 14,543 members. First Imperial Credit Union's savings rates are 2X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Must live, work or worship in Imperial Valley. - See Details

Related Posts

Reviews (2)

Membership Restricted

One cannot open an account unless one "regularly works, lives or worships in the Imperial Valley." No affinity  groups or other means of qualification are allowed.

Cannot Access Site

On any browser, indicator keeps circling as cannot connect with server. Thus ZERO serviceability, folks.  I was in banking for years and we never had that problem, even when the chinese were trying to hack in.


Data for Q4 2013

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. First Imperial Credit Union has a relatively low asset base.

Texas Ratio


The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 First Imperial Credit Union had $908,000 in non-current loans and owned real-estate with $8.34 million in equity and loan loss allowances on hand to cover it. This gives First Imperial Credit Union a Texas Ratio of 10.88% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for First Imperial Credit Union decreased slightly from 12.13% as of December 31, 2012 to 10.88% as of December 31, 2013, resulting in a positive change of 10.30%.This indicates that the balance sheet and financial strength for First Imperial Credit Union has improved slightly in recent periods.

Deposit Growth


In the past year, First Imperial Credit Union has increased its total deposits by $5.48 million, resulting in 9.12% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth First Imperial Credit Union has shown is excellent.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. First Imperial Credit Union has $73.41 million in assets with $8.34 million in equity, resulting in a capitalization level of 11.37%, which is excellent.

Institution Statistics

NCUA #68356
Year Chartered1942
Primary Regulator
Assets and Liabilities
Assets$73.41 million
Loans$51.16 million
Deposits$65.59 million
Equity Capital$6.98 million
Loan Loss Allowance$1.36 million
Unbacked Noncurrent Loans$908,000
Real Estate Owned$0
Historic Data - December 2012
Assets$67.88 million
Equity Capital$6.71 million
Loan Loss Allowance$1.36 million
Unbacked Noncurrent Loans$908,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin7.17%
Return on Assets0.44%
Return on Equity4.6%
Interest Income$4.03 million
Skip to rates for:

Always verify rates and promotions with the bank or credit union. We are not First Imperial Credit Union, we are a rate comparison website and can not provide official rates or promotions.

First Imperial Credit Union Savings Account Rates

1.05%$50-Christmas Club
1.05%$50-Summer Saver
1.00%$100k-No Term IRA Account
1.00%$100k-No Term Roth IRA Account
1.00%$100k-No Term CESA Account
0.10%$10k-Regular Share
0.10%$10k-Rainy Day Share

First Imperial Credit Union Money Market Rates

0.40%$50k-Money Market Account

First Imperial Credit Union CD Rates

1.55%$100k-60 Month Jumbo Share Certificate
1.45%$500-60 Month Share Certificate
1.25%$100k-48 Month Jumbo Share Certificate
1.20%$500-48 Month Share Certificate
1.10%$100k-36 Month Jumbo Share Certificate
1.05%$100k-24 Month Jumbo Share Certificate
1.00%$500-36 Month Share Certificate
1.00%$100k-18 Month Jumbo Share Certificate
0.95%$500-18 Month Share Certificate
0.95%$500-24 Month Share Certificate
0.95%$100k-12 Month Jumbo Share Certificate
0.90%$500-12 Month Share Certificate
0.90%$100k-6 Month Jumbo Share Certificate
0.80%$500-6 Month Share Certificate
0.35%$500-3 Month Share Certificate
0.35%$100k-3 Month Jumbo Share Certificate

First Imperial Credit Union IRA Rates

1.00%$500-24 Month IRA Certificate (Traditional,Roth,CESA)
0.80%$500-18 Month IRA Certificate (Traditional,Roth,CESA)
0.60%$500-12 Month IRA Certificate (Traditional,Roth,CESA)

First Imperial Credit Union Locations
Branch Office409 W Main StBrawley, CA 92227-2244
Branch Office1602 W Main StEl Centro, CA 92243-2232
Branch Office2534 Rockwood Ave Unit 1-ACalexico, CA 92231