Employees Choice Federal Credit Union
Overview / Commentary
Employees Choice Federal Credit Union is headquartered in El Cajon and is the 217th largest credit union in the state of California. It is also the 3,099th largest credit union in the nation. It was established in 1960 and as of March of 2025, it had grown to 4 employees and 1,067 members at 2 locations. Employees Choice Federal Credit Union has a B health rating.
Field of Membership Restrictions
Membership is open to employees of the city of El Cajon, the City of La Mesa, the Helix Water District, San Diego County working in La Mesa, California state working or headquartered in La Mesa, Roger S. Gordon & Co., CPA, The Goods Insurance Agency, Pfuhl & Knight Accountancy Corporation.
See current membership details
Health
B
Data as of Q1 2025
Learn why bank health mattersAdditional 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. Employees Choice Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 13526 |
| Year Chartered | 1960 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.79% |
| Return on Equity - YTD | 7.86% |
| Annual Interest Income | $202K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $23.4MM$23.5MM |
| Loans | Q1 2025vs Q1 2024 | $9.1MM$10MM |
| Deposits | Q1 2025vs Q1 2024 | $20.9MM$21.4MM |
| Equity Capital | Q1 2025vs Q1 2024 | $2.3MM$2MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $75K$65K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $5K$0 |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |