First Choice Financial Federal Credit Union
First Choice Financial Federal Credit Union is headquartered in Gloversville and is the 67th largest credit union in the state of New York. It is also the 1,528th largest credit union in the nation. It was established in 1972 and as of June of 2019, it had grown to 30 employees and 12,879 members at 3 locations. First Choice Financial Federal Credit Union's CD rates are 97% higher than the national average, and it boasts an A+ health rating.
Field of Membership Restrictions
First Choice Financial Federal Credit Union is open to anyone who lives, works, worships, or goes to school in the New York counties of Fulton or Montgomery, or the towns of Arietta, Benson, Hope, Indian Lake, Lake Pleasant, Speculator, or Wells in Hamilton County, New York.
See current membership details
Related Posts
Data as of Q2 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 21012 |
| Year Chartered | 1972 |
| Employees | 30 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.8% |
| Return on Equity - YTD | 6.57% |
| Annual Interest Income | $2.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $113.6MM$106.0MM |
| Loans | Q2 2019vs Q2 2018 | $59.5MM$51.9MM |
| Deposits | Q2 2019vs Q2 2018 | $99.6MM$93.5MM |
| Equity Capital | Q2 2019vs Q2 2018 | $13.7MM$12.2MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $561.00K$334.00K |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $874.00K$967.00K |
| Real Estate Owned | Q2 2019vs Q2 2018 | $0$0 |
This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.
1-Year CD, 2.79% APY
Available to residents of Fulton, Hamilton, and Montgomery Counties, New York.
Always verify rates and promotions with the bank or credit union. We are not First Choice Financial Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
First Choice Financial Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.09% | $5 | - | Regular Savings | |
| 0.09% | $5 | - | Special Savings | |
| 0.09% | $5 | - | Christmas Club | |
| 0.09% | $5 | - | IRA Share Account |
First Choice Financial Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.35%* | $25k* | - | Money Market | ||
| OTHER TIERS: 0.25% → Up to $5k | 0.30% → $5k - $25k | |||||
First Choice Financial Federal Credit Union CD Rates
First Choice Financial Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.28% | $500 | - | 5 Year IRA Certificate | |
| 2.17% | $500 | - | 4 Year IRA Certificate | |
| 2.02% | $500 | - | 3 Year IRA Certificate | |
| 1.82% | $500 | - | 2 Year IRA Certificate | |
| 1.77% | $500 | - | 1 Year IRA Certificate |
| First Choice Financial Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 355 Hales Mills Rd Ext | Gloversville, NY 12078-5703 |
| Branch Office | 329 S Kingsboro Ave | Gloversville, NY 12078 |
| Branch Office | 3677 State Highway 30 | Broadalbin, NY 12025-2601 |