First Choice Credit Union (FL)


Overview / Commentary
561-641-0100
1055 S Congress Ave
West Palm Beach, FL 33406-5195

First Choice Credit Union (FL) is headquartered in West Palm Beach and is the 64th largest credit union in the state of Florida. It is also the 1,527th largest credit union in the nation. It was established in 1929 and as of December of 2023, it had grown to 25 employees and 9,096 members at 2 locations. First Choice Credit Union (FL) has a B+ health rating.

Field of Membership Restrictions

Membership in First Choice Credit Union is open to those who live or work Palm Beach County. Employees and retirees of the Federal Government and veterans of any branch of the Armed Services who live in Florida counties of Broward, Glades, Hendry, Martin, Okeechobee, Palm Beach, or St. Lucie are also eligible to join. Individuals holding a professional license from the State of Florida qualify for membership, regardless of where they live.
See current membership details

Reviews (1)

Lost In Space ??

Posted by: |

had 300K CD due, receive paperwork what to
do on maturity, mailed reply 3 weeks ahead
of maturity, apparenty my paperwork I sent
was " lost in mail " , had return address etc.
was told happens all the time, would mail me
another form to fill out to ?? Return again !!!!
business with long turn around beware of ? mail.



Health
B+

Health Grade Components

Overall
NCUA #67725
Year Chartered1929
Employees25
Primary Regulator
Profit Margin
Return on Assets - YTD0.82%
Return on Equity - YTD13.77%
Annual Interest Income$5.1MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$141.2MM$148.4MM
LoansQ4 2023vs Q4 2022$67.7MM$66.5MM
DepositsQ4 2023vs Q4 2022$132MM$134.9MM
Equity CapitalQ4 2023vs Q4 2022$8.5MM$7.6MM
Loan Loss AllowanceQ4 2023vs Q4 2022$458K$191K
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$185K$185K
Real Estate OwnedQ4 2023vs Q4 2022$0$0
Rates

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

Locations


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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