Overview / Commentary
First American Credit Union is headquartered in Casa Grande and is the 22nd largest credit union in the state of Arizona. It is also the 1,803rd largest credit union in the nation. It was established in 1962 and as of December of 2020, it had grown to 27 employees and 12,708 members at 4 locations. First American Credit Union has a B+ health rating.
Field of Membership Restrictions
First American Credit Union of Arizona is open to the residents and people that maintain employment within Pinal County, and communities in Northeastern Arizona and Northwestern New Mexico, as well as employees of credit union approved Native American tribes, select federal employees, and people that are sponsored by a current credit union member.
See current membership details
Health
B+
Data as of Q4 2020
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. First American Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 64412 |
| Year Chartered | 1962 |
| Employees | 27 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.46% |
| Return on Equity - YTD | 6.61% |
| Annual Interest Income | $2.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $95.0MM$81.4MM |
| Loans | Q4 2020vs Q4 2019 | $37.7MM$42.2MM |
| Deposits | Q4 2020vs Q4 2019 | $87.5MM$75.0MM |
| Equity Capital | Q4 2020vs Q4 2019 | $6.3MM$5.8MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $372.00K$955.00K |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $405.00K$334.00K |
| Real Estate Owned | Q4 2020vs Q4 2019 | $0$0 |