First Credit Union is headquartered in Chandler and is the 10th largest credit union in the state of Arizona. It is also the 570th largest credit union in the nation. It was established in 1935 and as of September of 2022, it had grown to 147 employees and 46,450 members at 9 locations. First Credit Union has a B+ 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.
|Return on Assets - YTD||0.6%|
|Return on Equity - YTD||10.51%|
|Annual Interest Income||$15.8MM|
|Assets and Liabilities|
|Assets||Q3 2022vs Q3 2021||$699.2MM$651.3MM|
|Loans||Q3 2022vs Q3 2021||$406.8MM$356.5MM|
|Deposits||Q3 2022vs Q3 2021||$645.8MM$580.3MM|
|Equity Capital||Q3 2022vs Q3 2021||$40.2MM$52.8MM|
|Loan Loss Allowance||Q3 2022vs Q3 2021||$2.5MM$2.4MM|
|Unbacked Noncurrent Loans||Q3 2022vs Q3 2021||$2.1MM$863.00K|
|Real Estate Owned||Q3 2022vs Q3 2021||$0$0|
Rates for First Credit Union are currently being reviewed.
|First Credit Union Locations|
|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|
|Branch Office||735 E Guadalupe Rd||Tempe, AZ 85283|