First Choice Credit Union (FL)
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 1,512th largest credit union in the nation. It was established in 1929 and as of December of 2024, it had grown to 25 employees and 8,944 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
Lost In Space ??
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.
Data as of Q4 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 67725 |
| Year Chartered | 1929 |
| Employees | 25 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.55% |
| Return on Equity - YTD | 7.72% |
| Annual Interest Income | $5.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $145.1MM$141.2MM |
| Loans | Q4 2024vs Q4 2023 | $75.9MM$67.7MM |
| Deposits | Q4 2024vs Q4 2023 | $134MM$132MM |
| Equity Capital | Q4 2024vs Q4 2023 | $10.4MM$8.5MM |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $588K$458K |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $252K$185K |
| Real Estate Owned | Q4 2024vs Q4 2023 | $0$0 |