First Choice Credit Union

First Choice Credit Union was chartered in 1991 and its charter number is 67725. First Choice Credit Union's address registered with the NCUA is 1055 S CONGRESS AVENUE, WEST PALM BEACH, FL 33406. As of 10/24/06, First Choice CU reported $134,100,042 in assets. The credit union currently has 19,678 members. It's Manager/CEO is Michael J. Welte. The credit unions website is www.firstchoicecu.org

First Choice Credit Union is a member of the Florida Credit Union League.

 
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First Choice Credit Union Financial Evaluation
2004
Total Assets: $143,003,646.00
Total Loans: $127,366,625.00
Net Worth Ratio: 8.18
% Share Growth: 9.63
% Loan Growth: -1.27
Loans/Assets Ratio: 89.06
Loans/Assets Ratio: 3.68
Numbers of Members: 20,397
Number of Full-time Employees: 51.5
 
2005
Total Assets: $137,731,359.00
Total Loans: $116,269,446.00
Net Worth Ratio: 9.47
% Share Growth: -3.61
% Loan Growth: -8.71
Loans/Assets Ratio: 84.41
Loans/Assets Ratio: 9.08
Numbers of Members: 20,518
Number of Full-time Employees: 54.5
 
2006
Total Assets: $138,025,325.00
Total Loans: $111,339,237.00
Net Worth Ratio: 9.74
% Share Growth: -7.86
% Loan Growth: -4.24
Loans/Assets Ratio: 80.66
Loans/Assets Ratio: 13.3
Numbers of Members: 19,475
Number of Full-time Employees: 52.5
 
 

February 9, 2012

 
 
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