Overview / Commentary
First Central Credit Union is headquartered in Waco and is the 118th largest credit union in the state of Texas. It is also the 1,471st largest credit union in the nation. It was established in 1937 and as of June of 2023, it had grown to 57 employees and 19,229 members at 5 locations. First Central Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership in First Central Credit Union is open to those who live in McLennan County, Texas; those who live, work or worship in Hill or Brown Counties, Texas; and those who live, work, worship, or attend school Bell, Bosque, Callahan, Coleman, Comanche, Coryell, Eastland, Falls, Limestone, McCulloch, Milam, Mills, Navarro, Robertson, and San Saba Counties, Texas.
See current membership details
Health
B+
Data as of Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 67644 |
| Year Chartered | 1937 |
| Employees | 57 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.19% |
| Return on Equity - YTD | 10.28% |
| Annual Interest Income | $3.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $150.6MM$148.7MM |
| Loans | Q2 2023vs Q2 2022 | $77.6MM$72.6MM |
| Deposits | Q2 2023vs Q2 2022 | $130.4MM$129.1MM |
| Equity Capital | Q2 2023vs Q2 2022 | $17.5MM$16.7MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$1.1MM |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $1.0MM$1.0MM |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |