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 1,751st largest credit union in the nation. It was established in 1962 and as of December of 2022, it had grown to 30 employees and 13,163 members at 3 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 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 64412 |
| Year Chartered | 1962 |
| Employees | 30 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.36% |
| Return on Equity - YTD | 19.89% |
| Annual Interest Income | $2.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2022vs Q4 2021 | $109.2MM$109.6MM |
| Loans | Q4 2022vs Q4 2021 | $70.1MM$38.0MM |
| Deposits | Q4 2022vs Q4 2021 | $98.5MM$101.6MM |
| Equity Capital | Q4 2022vs Q4 2021 | $7.4MM$6.6MM |
| Loan Loss Allowance | Q4 2022vs Q4 2021 | $457.00K$233.00K |
| Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $481.00K$253.00K |
| Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |