Overview / Commentary
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
Related Posts
View all posts from:
Health
A
Data as of Q3 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 67725 |
| Year Chartered | 1929 |
| Employees | 31 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.99% |
| Return on Equity - YTD | 9.45% |
| Annual Interest Income | $2.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $113.0MM$110.1MM |
| Loans | Q3 2019vs Q3 2018 | $44.3MM$47.2MM |
| Deposits | Q3 2019vs Q3 2018 | $100.2MM$96.9MM |
| Equity Capital | Q3 2019vs Q3 2018 | $11.9MM$9.6MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $910.00K$1.0MM |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $407.00K$720.00K |
| Real Estate Owned | Q3 2019vs Q3 2018 | $0$0 |