First Credit Union
First Credit Union was chartered in 1935 and its charter number is 68444.
First Credit Union's address registered with the NCUA
is 25 SOUTH ARIZONA PLACE, STE. 111, CHANDLER, AZ 85225.
As of 07/24/06, First CU reported $451,804,576 in assets.
The credit union currently has 59,580 members. It's Manager/CEO is Fred Kent.
The credit unions website is WWW.FIRSTCU.COOP
First Credit Union is a member of the Arizona Credit Union League.
First Credit Union Financial Evaluation
2005
Total Assets: $448,268,848
Total Loans: $241,291,970
Net Worth Ratio: 11.71
% Share Growth: 5.99
% Loan Growth: 7.25
Loans/Assets Ratio: 53.83
Investment/Assets Ratio: 35.93
Number of Members: 60,127
Number of Full-time Employees: 183
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In the year of 2005, First Credit Union assets decreased by 0.04% and its membership decreased by 0.01%. First CU's membership decreased by a total of 167 members. Assets decreased by the amount of $17,217,641. The total loan amounts went from $293,199,879 in 2004 to $241,291,970 in 2005. Their net worth ratio decreased slightly to 11.71. First CU decreased their job opportunities to 183 by reducing 31 employees.
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2004
Total Assets: $465,486,489
Total Loans: $293,199,879
Net Worth Ratio: 12.12
% Share Growth: 4.55
% Loan Growth: 21.51
Loans/Assets Ratio: 62.99
Investment/Assets Ratio: 27.48
Number of Members: 60,294
Number of Full-time Employees: 214
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