FIRST CHOICE Credit Union Profile

Showing details for FIRST CHOICE Credit Union.

Home > FL > FIRST CHOICE

FIRST CHOICE

Charter #67725 | NCUA Region 2 | FISCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (561) 641-0100

Fax: (561) 641-7931

Founding Date: N/A

Website: http://www.firstchoicecu.org

Personnel & Operations

President: Diffenbach, Rhonda

Manager: Welte, Michael

FT Employees: 27

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 2

Hours: 8:30AM TO 5:00PM

Credit Union Profile Summary

FIRST CHOICE is a FISCU Credit Union. With a total of 8,710 members [1], this institution manages approximately $149,444,032 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 10.84% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 7.56% [1].

Financial Snapshot

Total Assets [1]
$149,444,032

Total economic resources.

Total Loans [1]
$77,480,171

Total value of outstanding loans.

Total Deposits [1]
$136,753,527

Total funds deposited by members.

Members [1]
8,710

Number of active members.

Performance Ratios

Net Worth Ratio [1]
10.84%

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]
0.35%

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

Loan-to-Share Ratio [1]
56.66%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 5.23%

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

Loan Growth (4Q) [1]
↑ 7.56%

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

Member Growth (4Q) [1]
↓ -3.21%

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

Headquarters Location & Map

Headquarters Address

1055 S CONGRESS AVE

WEST PALM BEACH, FL, 33406-5195
Open in Google Maps

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

No approved reviews yet. Be the first to rate this Credit Union!

Branch Locations

Found 3 branches reported by FIRST CHOICE (Charter #67725).

Main Office

Main Office Main Office

Type: Corporate Office

1055 S Congress Ave

West Palm Beach, FL 33406-5195

Phone: (561) 641-0100

Services: Member Services, Drive-Thru

Open in Directions

Additional Branches

Riviera Beach

VA Medical Center

Type: Branch Office

7305 N Military Trl

Riviera Beach, FL 33410-7417

Phone: (561) 641-0100

Services: Member Services, ATM

Open in Directions

West Palm Beach

Main Office

Type: Corporate Office

1055 S Congress Ave

West Palm Beach, FL 33406

Phone: (561) 641-0100

Services: None specified

Open in Directions