Choice One Community Federal Credit Union
Choice One Community Federal Credit Union is headquartered in Plains Township and is the 67th largest credit union in the state of Pennsylvania. It is also the 1,668th largest credit union in the nation. It was established in 1941 and as of December of 2019, it had grown to 27 employees and 12,711 members at 3 locations. Choice One Community Federal Credit Union's money market rates are 2X the national average, and it has a B health rating.
Field of Membership Restrictions
Choice One Community Credit Union is open to anyone who lives, works, worships, goes to schoo, or owns a business in Lackawanna, Luzerne, or Wyoming counties in Pennsylvania. Immediate family are also eligible.
See current membership details
Reliable Credit Union
I have been a member at Choice One FCU since I was 18. Overall customer service is great, they are willing to help with any issues you may have. They are reliable and make few mistakes. They service my area with three different locations so they are convenient as well.
Their mobile banking applications seems to be a little behind the curve. They do not offer automatic checking cashing services like many larger institutions. Overall there mobile applications are functionable though.
Their fee's are reasonable but not market leading. Their wire transfers are expensive.
Overall, they kept my business for years. They are a great institution for the basic banking services such as checking and savings account.
They are not extraordinary but they certainly serve their purpose.
Hazleton Pennsylvanias Choice One Credit Union Location
Up until recently I have always done my banking at a traditional bank. I wasn't quite sure what exactly a credit union was, or how it would benefit me in the long run. A very good friend of mine had recently started using this branch after marrying her husband who was actively serving in the United States Army. One day while out for lunch with her, she told me that she needed to cash a check at the bank and asked if I would mind going along on the ride with her after we had eaten. I was already in the car, so I agreed and we were on our way. Once I realized that she too in fact had been using the credit union for her own personal banking, I asked for her genuine opinion on the establishment and whether or not she thought it would be worth my while as well. After hearing her thoughts and learning a little bit more about the way the credit union worked, I decided to open an account that very day and give it a shot myself, and I honestly do not know why I waited so long it the first place! Take my advice, if you want easier and more efficient banking, give this place a chance. Go in and ask for some information about the way their accounts work and I can almost guarantee you will be pleased! Oh and ask for a woman named Kim, she was wonderful!!
Data as of Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 4240 |
| Year Chartered | 1941 |
| Employees | 27 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.31% |
| Return on Equity - YTD | 3.65% |
| Annual Interest Income | $3.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $96.3MM$93.4MM |
| Loans | Q4 2019vs Q4 2018 | $72.0MM$78.0MM |
| Deposits | Q4 2019vs Q4 2018 | $87.8MM$85.4MM |
| Equity Capital | Q4 2019vs Q4 2018 | $8.2MM$7.8MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $248.00K$297.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $860.00K$1.3MM |
| Real Estate Owned | Q4 2019vs Q4 2018 | $107.00K$0 |