First Credit Union is headquartered in Chandler and is the 10th largest credit union in the state of Arizona. It is also the 583rd largest credit union in the nation. It was established in 1935 and as of September of 2020, it had grown to 139 employees and 42,144 members at 8 locations. First Credit Union's CD rates are 68% higher than the national average, and it has an A health rating.
Membership in First Credit Union is open to those who live, work, or worship within a ten mile radius of any First Credit Union branch. Employees and retirees of several SEG are eligible to join. Immediate family members and household members of current First Credit Union members also qualify.
See current membership details
Needless to say, I was attracted to the published rates. I called to set up an account and was advised that, in the fine print, the "Save to Win" option is a savings plan for which you receive sweepstakes entries for each deposit you make up to $3,000. There are no dividends paid for deposits over that amount. I was ready to transfer funds but for me, it was not worth the effort. Others might find this of interest.
Overall | |
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NCUA # | 68444 |
Year Chartered | 1935 |
Employees | 139 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.05% |
Return on Equity - YTD | 0.63% |
Annual Interest Income | $13.5MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q3 2020vs Q3 2019 | $572.7MM$475.2MM |
Loans | Q3 2020vs Q3 2019 | $349.1MM$340.3MM |
Deposits | Q3 2020vs Q3 2019 | $499.0MM$427.1MM |
Equity Capital | Q3 2020vs Q3 2019 | $47.5MM$41.3MM |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $3.2MM$2.9MM |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $592.00K$741.00K |
Real Estate Owned | Q3 2020vs Q3 2019 | $30.00K$30.00K |
Always verify rates and promotions with the bank or credit union. We are not First Credit Union; 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 |
---|---|---|---|---|
0.40% | - | - | IRA Accumlation Account | |
0.40% | - | - | HSA Accumulation | |
0.03% | $5 | - | Regular Share Savings | |
0.03% | $5 | - | Business Share Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.20%* | $100k* | - | Business Premier Checking | ||
OTHER TIERS: 0.07% → $2.5k - $50k | 0.10% → $50k - $100k |
First Credit Union Locations | ||
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Branch Office | 803 E Devonshire Ave | Phoenix, AZ 85014 |
Branch Office | 25 S Arizona Pl Ste 111 | Chandler, AZ 85225 |
Branch Office | 340 S Stone Ave | Tucson, AZ 85701 |
Branch Office | 1310 N Litchfield Rd | Goodyear, AZ 85395 |
Branch Office | 5770 W Thunderbird Rd | Glendale, AZ 85306 |
Branch Office | 1232 E Baseline Rd | Tempe, AZ 85283 |
Branch Office | 3800 S Alma School Rd | Chandler, AZ 85248 |
Branch Office | 475 N Gila Springs Blvd | Chandler, AZ 85226 |