First Choice Financial Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
1.51%	5-year CD	5 Year Share Certificate 1.85% - Synchrony Bank 60 Month CD
0.50%	1-year CD	1 Year Share Certificate 1.05% - Ally Bank High Yield 12-Month CD
0.05%	Savings	Special Savings 1.00% - Ally Bank Online Savings Account

View all First Choice Financial Federal Credit Union rates »

Overview / Commentary

www.fcfinancialcu.org

518-725-3191

355 Hales Mills Rd
Gloversville, NY 12078-5703

First Choice Financial Federal Credit Union is headquartered in Gloversville and is the 80^th largest credit union in the state of New York. It is also the 1,611^th largest credit union in the nation. It was established in 1972 and as of June of 2016, it had grown to 25 employees and 12,864 members at 2 locations. First Choice Financial Federal Credit Union has an A health rating.

Field of Membership Restrictions

Membeship is open to those who live, work, worship, or attend school in, and businesses and other legal entities located in Fulton County, New York; Montgomery County, New York; or the Towns of Arietta, Benson, Hope, Wells, Lake Pleasant, Speculator or Indian Lake in Hamilton County, New York.
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Health

A

Data as of Q2 2016

Learn more about bank health

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. First Choice Financial Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #	21012
Year Chartered	1972
Employees	25
Primary Regulator

Profit Margin
Return on Assets - YTD	0.84%
Return on Equity - YTD	6.91%
Annual Interest Income	$1.4MM

Assets and Liabilities
Assets	Q2 2016vs Q2 2015	$95.7MM$89.4MM
Loans	Q2 2016vs Q2 2015	$45.5MM$43.7MM
Deposits	Q2 2016vs Q2 2015	$84.0MM$79.0MM
Equity Capital	Q2 2016vs Q2 2015	$11.5MM$10.3MM
Loan Loss Allowance	Q2 2016vs Q2 2015	$257.00K$303.00K
Unbacked Noncurrent Loans	Q2 2016vs Q2 2015	$560.00K$514.00K
Real Estate Owned	Q2 2016vs Q2 2015	$0$0

Rates

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Money Market
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* 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
0.05%	-	-	Regular Savings
0.05%	-	-	Special Savings
0.05%	-	-	Christmas Club
0.05%	-	-	IRA Share Account

First Choice Financial Federal Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.20%^*	$25k^*	-	Money Market
OTHER TIERS: 0.10% → Up to $5k \| 0.15% → $5k - $25k

First Choice Financial Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.51%	$500	-	5 Year Share Certificate
1.26%	$500	-	4 Year Share Certificate
0.90%	$500	-	3 Year Share Certificate
0.65%	$500	-	2 Year Share Certificate
0.50%	$500	-	1 Year Share Certificate
0.15%	$500	-	6 Month Share Certificate

First Choice Financial Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.51%	$500	-	5 Year IRA Certificate
1.26%	$500	-	4 Year IRA Certificate
0.90%	$500	-	3 Year IRA Certificate
0.65%	$500	-	2 Year IRA Certificate
0.50%	$500	-	1 Year IRA Certificate

Locations

First Choice Financial Federal Credit Union Locations
Branch Office	355 Hales Mills Rd	Gloversville, NY 12078-5703
Branch Office	329 S Kingsboro Ave	Gloversville, NY 12078