FIRST CHOICE FINANCIAL Credit Union Profile

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FIRST CHOICE FINANCIAL

Charter #21012 | NCUA Region 1 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (518) 725-3191

Fax: (518) 725-3236

Founding Date: N/A

Website: http://www.fcfinancialcu.org

Personnel & Operations

President: Rossi, Michael

Manager: Naslund, Paul

FT Employees: 26

PT Employees: 10

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 3

Hours: Lobby Hours: Monday - Friday 9:00am - 5:00p

Credit Union Profile Summary

FIRST CHOICE FINANCIAL is a FCU Credit Union. With a total of 13,233 members [1], this institution manages approximately $188,749,402 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 11.57% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 4.16% [1].

Financial Snapshot

Total Assets [1]
$188,749,402

Total economic resources.

Total Loans [1]
$88,234,178

Total value of outstanding loans.

Total Deposits [1]
$159,411,604

Total funds deposited by members.

Members [1]
13,233

Number of active members.

Performance Ratios

Net Worth Ratio [1]
11.57%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
1.08%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
55.35%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 9.72%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↑ 4.16%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↓ -0.68%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

355 Hales Mills Rd Ext

Gloversville, NY, 12078-5703
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 3 branches reported by FIRST CHOICE FINANCIAL (Charter #21012).

Main Office

Main Building Main Office

Type: Corporate Office

355 Hales Mills Rd Ext

Gloversville, NY 12078-5703

Phone: (518) 725-3191

Services: Member Services, ATM, Drive-Thru

Open in Directions

Additional Branches

Broadalbin

Broadalbin Office

Type: Branch Office

3677 State Highway 30

Broadalbin, NY 12025-2601

Phone: (518) 883-7156

Services: Member Services, ATM, Drive-Thru

Open in Directions

Gloversville

Wal-Mart Branch Office

Type: Branch Office

329 S Kingsboro Ave

Gloversville, NY 12078

Phone: (518) 725-4413

Services: Member Services, ATM

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