First Choice Credit Union (FL)

Overview / Commentary
1055 S Congress Ave
West Palm Beach, FL 33406

First Choice Credit Union (FL) is headquartered in West Palm Beach and is the 60th largest credit union in the state of Florida. It is also the 1,535th largest credit union in the nation. It was established in 1929 and as of September of 2019, it had grown to 31 employees and 10,270 members at 2 locations. First Choice Credit Union (FL) has an A health rating.

Field of Membership Restrictions

First Choice Credit Union of Florida is open to residents and people that maintain employment within Palm Beach County, licensed professional throughout the state, current and retired federal employees including military veterans, Argentina Arts Organization members, and the family members of current credit union members.
See current membership details

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Health Grade Components

NCUA #67725
Year Chartered1929
Primary Regulator
Profit Margin
Return on Assets - YTD0.99%
Return on Equity - YTD9.45%
Annual Interest Income$2.5MM
Assets and Liabilities
AssetsQ3 2019vs Q3 2018$113.0MM$110.1MM
LoansQ3 2019vs Q3 2018$44.3MM$47.2MM
DepositsQ3 2019vs Q3 2018$100.2MM$96.9MM
Equity CapitalQ3 2019vs Q3 2018$11.9MM$9.6MM
Loan Loss AllowanceQ3 2019vs Q3 2018$910.00K$1.0MM
Unbacked Noncurrent LoansQ3 2019vs Q3 2018$407.00K$720.00K
Real Estate OwnedQ3 2019vs Q3 2018$0$0

Rates for First Choice Credit Union (FL) are currently being reviewed.


First Choice Credit Union (FL) Locations
Branch Office1055 S Congress AveWest Palm Beach, FL 33406-5195
Branch Office7305 N Military TrlRiviera Beach, FL 33410-7417

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