First Choice Credit Union (FL) is headquartered in West Palm Beach and is the 59th largest credit union in the state of Florida. It is also the 1,469th largest credit union in the nation. It was established in 1929 and as of December of 2021, it had grown to 26 employees and 9,661 members at 2 locations. First Choice Credit Union (FL)'s money market rates are 48% higher than the national average, and it has an A health rating.
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
Overall | |
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NCUA # | 67725 |
Year Chartered | 1929 |
Employees | 26 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.25% |
Return on Equity - YTD | 3.01% |
Annual Interest Income | $2.7MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2021vs Q4 2020 | $152.2MM$128.4MM |
Loans | Q4 2021vs Q4 2020 | $53.5MM$46.9MM |
Deposits | Q4 2021vs Q4 2020 | $139.2MM$114.8MM |
Equity Capital | Q4 2021vs Q4 2020 | $12.3MM$13.2MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $629.00K$829.00K |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $76.00K$30.00K |
Real Estate Owned | Q4 2021vs Q4 2020 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not First Choice Credit Union (FL); we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.25% | - | $100k | IRA - Traditional | |
0.25% | - | $100k | IRA - Roth | |
0.25% | - | $100k | IRA - Educational | |
0.05% | $100 | $100k | Share Account | |
0.05% | - | $100k | Holiday Club |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.05%* | $25k* | $100k | High Yield Checking | ||
OTHER TIERS: 0.01% → Up to $10k | 0.03% → $10k - $25k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
2.02% | $75k | - | 60 Month Jumbo CD | |
1.51% | $75k | - | 30 Month Jumbo CD | |
1.51% | $5k | - | 60 Month CD | |
1.00% | $75k | - | 12 Month Jumbo CD | |
1.00% | $5k | - | 30 Month CD | |
0.75% | $5k | - | 12 Month CD |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
2.02% | $75k | - | 60 Month Jumbo IRA | |
1.51% | $75k | - | 30 Month Jumbo IRA | |
1.51% | $5k | - | 60 Month IRA | |
1.00% | $75k | $100k | 12 Month Jumbo IRA | |
1.00% | $5k | - | 30 Month IRA | |
0.75% | $5k | $100k | 12 Month IRA |
First Choice Credit Union (FL) Locations | ||
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Branch Office | 1055 S Congress Ave | West Palm Beach, FL 33406-5195 |
Branch Office | 7305 N Military Trl | Riviera Beach, FL 33410-7417 |