First Community Credit Union (ND) is headquartered in Jamestown and is the largest credit union in the state of North Dakota. It is also the 366th largest credit union in the nation. It was established in 1939 and as of June of 2023, it had grown to 245 employees and 46,452 members at 30 locations. First Community Credit Union (ND) has an A health rating.
Field of Membership Restrictions
Membership in First Community Credit Union is open to North Dakota residents who live (1) within a 75-mile radius of Devils Lake, Jamestown, or Portland; (2) within a 50-mile radius of Bismarck, Napoleon, Oakes, Steele, Valley City, Wahpeton, or Wishek; (3) within 40-mile radius of Bisbee or Larimore; or (4) in Marshall County and portions of Kittison County. Immediate family of an existing First Community Credit Union member qualify for membership, regardless of where they live.
See current membership details
A Pleasure to Bank With
First Community Credit Union is a shining example of what a credit union should be. I have had nothing but exceptional, extremely positive experiences both in-house and speaking on the phone/online. Service is always prompt and friendly. Kasasa checking and savings accounts are above and beyond the best accounts out there because of interest rates and ease of use. FCCU provides a terrific user interface online that makes money transfers and bill payments not just easy but enjoyable. Everything on the website is straightforward and clear and along with standard offerings, FCCU also provides users with budgeting tools and spend-trackers that help members keep tabs on their spending. I am typically not someone who is super loyal to any one company/brand, but to FCCU I am.
Pleasant Experience
It has been a mostly pleasant experience. The initial startup was $5. The clerks are very nice to deal with. Initially there were a number of issues that I experienced with items not being credited, credited to the wrong account, and other problems. This was within my first two months of having the account. I was looking at other credit unions to switch t, but they finally did get their act together. It has been easy to get auto loans and the mortgage done through the credit union. There have been identity theft issues on two occasions. Unfortunately this seems to be the norm for many financial institutions.
Data as of Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 60103 |
| Year Chartered | 1939 |
| Employees | 245 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.73% |
| Return on Equity - YTD | 6.85% |
| Annual Interest Income | $23.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $1.24B$1.14B |
| Loans | Q2 2023vs Q2 2022 | $921.3MM$800.3MM |
| Deposits | Q2 2023vs Q2 2022 | $992.4MM$995.3MM |
| Equity Capital | Q2 2023vs Q2 2022 | $129.7MM$122.3MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$8.5MM |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $2.8MM$1.7MM |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |
