Feedback
Share
Link
Link copied!
Asset Brief
First Choice Financial Credit Union
Credit Union Finder
Table of Contents
Explore
Search
Asset Brief
More
About Asset Brief
Copyright © 2022 assetbrief.com and Spring Launch Media LLC. All Rights Reserved.

All content on this website ("the Site") is the property of Spring Launch Media LLC. The collection and assembly of content on this Site are the exclusive property of Spring Launch Media LLC and are protected by copyright and other intellectual property laws. Credit union and bank data is publicly sourced from the U.S. government. None are affiliated with Asset Brief. assetbrief.com is an independent, advertising-supported publisher. We work hard to keep our information accurate and up to date, but do not guarantee accuracy of information. You may see different information when you visit a specific product’s site. assetbrief.com does not warrant or assume any legal liability or responsibility for the accuracy, completeness, or usefulness of any information disclosed. assetbrief.com does not assume any responsibility for any aspect of financial decisions taken based on the contents provided on this Site. When considering offers, please review all Terms and Conditions with the offering institution. Our content is not intended to provide investment advice. assetbrief.com is compensated through display advertising and offers from our partners. Many or all of the products features may be from our partners, and advertising may impact on where, how, and the order in which products appear on this Site. AssetBrief does not include all companies or all available products. However, this does not influence our editorial content or our advice, which are based on industry knowledge and many many hours of research. assetbrief.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.

First Choice Financial Credit Union Share
Link
Link copied!

Map Loading...
Overview Share
Link
Link copied!
Back to Top

First Choice Financial Credit Union is a federal credit union based in Gloversville, New York. It has been opened since 1972, for 50 years.

With around $105,230,000 in assets, First Choice Financial Credit Union is considered to be a large credit union. It has 3 branches and 3 ATM locations.

About Share
Link
Link copied!
Address Po Box 232
Gloversville, New York 12078
Website http://www.fcfinancialcu.org
Phone (518) 725-3191
Fax (518) 725-3236
CEO Brenda S. Coon
President of the Board Vincent La Porta
Services Offered
Score Card Share
Link
Link copied!
Back to Top
50 years
Years in business
Opened in 1972
Well Capitalized
Net worth classification
Source: NCUA
12,844 members
Membership type: Community credit union
Above average number of members
485:1
Credit union member to staff ratio
485 per each FTE employee
Compared to 411:1 nationally
Fewer staff
$105,228,565
Total assets
Above average
3 branches
Compared with an average of 4 nationally and 3 in New York
Above average number of branches
0.05%
Savings interest rate
Compared to 0.3% nationally
8.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
Link
Link copied!
Back to Top
3 branches
Compared with an average of 4 nationally and 3 in New York
Above average number of branches
First Choice Financial Credit Union Branch Locations

First Choice Financial Credit Union: Broadalbin Office
3677 State Highway 30
Broadalbin, New York 12025
ATM Available
First Choice Financial Credit Union: Main Building
355 Hales Mills Road Ext
Gloversville, New York 12078
ATM Available
First Choice Financial Credit Union: Wal-Mart Branch Office
329 S. Kingsboro Avenue
Gloversville, New York 12078
ATM Available
Members Share
Link
Link copied!
Back to Top
12,844 members
Membership type: Community credit union
Above average number of members

With 12,844 members, the First Choice Financial Credit Union is considered to be a large credit union. It is larger than 75% of credit unions.

Fees Share
Link
Link copied!
Back to Top
$69
Average fee per member
The average fee per member at the First Choice Financial Credit Union is $69, which is high compared to most credit unions. This rate is higher than 66% of all credit unions.
Fees are higher than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the First Choice Financial Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
Link
Link copied!
Back to Top
485:1
Credit union member to staff ratio
485 per each FTE employee
Compared to 411:1 nationally
Fewer staff
26 staff members
FTE (full-time equivalent)
23% of employees are part-time
23 full-time, 7 part-time

First Choice Financial Credit Union has 23 full-time staff members and 7 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 77% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. First Choice Financial Credit Union has around 485 members per staff, a higher ratio compared to other credit unions.

Assets Share
Link
Link copied!
Back to Top
$105,228,565
Total assets
Above average
Net worth Share
Link
Link copied!
Back to Top
Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
12.6%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases Share
Link
Link copied!
Back to Top
$12,875
Average loan and lease size
Loan & lease sizes are bigger than average. They are bigger than at 70% of credit unions.

First Choice Financial Credit Union holds a total of $54,540,000 in loans and leases, which is about $12,875 per member on average.

Savings interest rate Share
Link
Link copied!
Back to Top
0.05%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. First Choice Financial Credit Union pays 0.05%.

Loan rates Share
Link
Link copied!
Back to Top
8.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
10.50%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
3.99%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
Link
Link copied!
Back to Top
3.24%
New car loan rate
Compared to 4.0% nationally
3.24%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
Link
Link copied!
Back to Top
5.50%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
5.50%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

Additional Credit Unions

See all...
B E T Credit Union
Credit Union: Well Capitalized Bronxville, New York 517.0 $8 million Well Capitalized
N.U.L. Credit Union
Credit Union: Well Capitalized New York, New York 98.0 $235k Well Capitalized
Servu Credit Union
Credit Union: Well Capitalized Painted Post, New York 35956.0 $308 million Well Capitalized
Tri-County Credit Union
Credit Union: Well Capitalized Delevan, New York 856.0 $4 million Well Capitalized
Att-Wyo Correctional Employees Credit Union
Credit Union: Well Capitalized Attica, New York 1911.0 $13 million Well Capitalized
Palisades Credit Union
Credit Union: Well Capitalized Pearl River, New York 14696.0 $193 million Well Capitalized
Leatherstocking Region Credit Union
Credit Union: Well Capitalized Cooperstown, New York 4502.0 $51 million Well Capitalized
Allegany First Credit Union
Credit Union: Well Capitalized Fillmore, New York 2074.0 $15 million Well Capitalized
South Towns Community Credit Union
Credit Union: Well Capitalized Lackawanna, New York 2427.0 $16 million Well Capitalized
Coxsackie Correctional Employee Credit Union
Credit Union: Well Capitalized Coxsackie, New York 589.0 $3 million Well Capitalized

More Credit Unions

See all...
A C M G Credit Union
Credit Union: Well Capitalized Solvay, New York 6790.0 $62 million Well Capitalized
St. Josephs Parish Buffalo Credit Union
Credit Union: Well Capitalized Buffalo, New York 6228.0 $79 million Well Capitalized
Port Chester Teachers Credit Union
Credit Union: Well Capitalized Rye Brook, New York 2798.0 $34 million Well Capitalized
Southern Baptist Church of New York Credit Union
Credit Union: Well Capitalized New York, New York 105.0 $175k Well Capitalized
Transit Authority Division B Credit Union
Credit Union: Well Capitalized New York, New York 1793.0 $6 million Well Capitalized
Church of The Master Credit Union
Credit Union: Well Capitalized New York, New York 315.0 $917k Well Capitalized
Niagara Frontier Federal Municipal Credit Union
Credit Union: Well Capitalized Niagara Falls, New York 486.0 $3 million Well Capitalized
Sing Sing Employees Credit Union
Credit Union: Well Capitalized Ossining, New York 1488.0 $9 million Well Capitalized
Berea Credit Union
Credit Union: Well Capitalized Brooklyn, New York 192.0 $110k Well Capitalized
Rome Teachers Credit Union
Credit Union: Well Capitalized Rome, New York 3487.0 $40 million Well Capitalized

Other Credit Unions

See all...
Alternatives Credit Union
Credit Union: Well Capitalized Ithaca, New York 10425.0 $109 million Well Capitalized
Yonkers Postal Employees Credit Union
Credit Union: Well Capitalized Yonkers, New York 566.0 $7 million Well Capitalized
Twin Rivers Credit Union
Credit Union: Well Capitalized Massena, New York 2767.0 $30 million Well Capitalized
Buffalo Conrail Credit Union
Credit Union: Well Capitalized Cheektowaga, New York 2515.0 $41 million Well Capitalized
Erie County Employees Credit Union
Credit Union: Well Capitalized Buffalo, New York 4244.0 $26 million Well Capitalized
Northern Credit Union
Credit Union: Well Capitalized Watertown, New York 30241.0 $253 million Well Capitalized
First Baptist Church Credit Union
Credit Union: Well Capitalized East Elmhurst, New York 169.0 $328k Well Capitalized
Branch 6000 Nalc Credit Union
Credit Union: Well Capitalized Amityville, New York 1694.0 $9 million Well Capitalized
Gowanda Area Credit Union
Credit Union: Well Capitalized Gowanda, New York 2079.0 $21 million Well Capitalized
Kenmore N. Y. Teachers Credit Union
Credit Union: Well Capitalized Buffalo, New York 3722.0 $46 million Well Capitalized

All of Asset Brief

See all...

Similar Credit Unions to First Choice Financial Credit Union

See all...
Service Credit Union Routing Number
Resource: Service Credit Union Routing Number Service Credit Union is a credit union based in Portsmouth, New Hampshire. Service Credit Union’s US routing number is 211489656.
First Choice Financial Credit Union: Main Building ATM
Credit Union ATM: 355 Hales Mills Road Ext
Gloversville, New York 12078
Choice Financial Group
Bank: Fargo, North Dakota 91302966.0
First Choice Financial Credit Union
Credit Union: Well Capitalized Gloversville, New York 12844.0 $105 million Well Capitalized
First Choice Financial Credit Union: Wal-Mart Branch Office
Credit Union Branch: 329 S. Kingsboro Avenue
Gloversville, New York 12078 ATM Available
First Choice Financial Credit Union: Main Building
Credit Union Branch: 355 Hales Mills Road Ext
Gloversville, New York 12078 ATM Available
Memphis Municipal Employees Credit Union: Memphis Municipal Efcu ATM
Credit Union ATM: 3677 State Highway 30
Broadalbin, New York 12025
First Choice Financial Credit Union: Wal-Mart Branch Office ATM
Credit Union ATM: 329 S. Kingsboro Avenue
Gloversville, New York 12078
First Choice Financial Credit Union: Broadalbin Office
Credit Union Branch: 3677 State Highway 30
Broadalbin, New York 12025 ATM Available
First Choice Community Credit Union: First Choice Comm-Mascot
Credit Union Branch: 9440 Mascot Road
Mascot, Tennessee 37806 ATM Available