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First Financial Credit Union

Overview
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First Financial Credit Union is a federally insured state credit union based in Albuquerque, New Mexico. It has been opened since 1937, for 83 years.

With around $543,610,000 in assets, First Financial Credit Union is considered to be a very large credit union. It has 15 branches and 15 ATM locations.

About
Address Po Box 25587
Albuquerque, New Mexico 87125
Website http://www.ffnm.org
Phone (505) 766-5600
Fax (505) 768-7144
CEO Ronald Moorehead
President of the Board Loretta Montoya
Services Offered
Map
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Score Card
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83 years
Years in business
Opened in 1937
Well Capitalized
Net worth classification
Source: NCUA
77,561 members
Membership type: State chartered natural person credit union
Above average number of members
322:1
Credit union member to staff ratio
322 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
$543,612,310
Total assets
Above average
15 branches
Compared with an average of 4 nationally and 3 in New Mexico
Above average number of branches
2.50%
Savings interest rate
Compared to 0.3% nationally
9.99%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches
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15 branches
Compared with an average of 4 nationally and 3 in New Mexico
Above average number of branches
First Financial Credit Union Branch Locations

First Financial Credit Union: San Mateo Branch
2700 San Mateo Boulevard NE
Albuquerque, New Mexico 87110
ATM Available
First Financial Credit Union: Rio Rancho Branch
2201 Rio Rancho Drive SE
Rio Rancho, New Mexico 87124
ATM Available
First Financial Credit Union: Juan Tabo
831 Juan Tabo Boulevard NE
Suite A.
Albuquerque, New Mexico 87123
ATM Available
First Financial Credit Union: Main Office
601 Tijeras Avenue NW
Albuquerque, New Mexico 87102
ATM Available
First Financial Credit Union: Deming Branch
801 E. Cedar Street
Deming, New Mexico 88030
ATM Available
First Financial Credit Union: Academy
10400 Academy Road NE Suite 150
Albuquerque, New Mexico 87111
ATM Available
First Financial Credit Union: Pinehill
14 Miles S. Highway 53
Bia Rt 125
Pinehill, New Mexico 87357
ATM Available
First Financial Credit Union: Gallup Mesa View
1383 US Highway 491
Gallup, New Mexico 87301
ATM Available
First Financial Credit Union: Farmington Branch
4919 E. Main Street
Farmington, New Mexico 87402
ATM Available
First Financial Credit Union: South Valley Branch
1625 Rio Bravo Boulevard SW Suite 6
Albuquerque, New Mexico 87105
ATM Available
First Financial Credit Union: Coors Branch
6100 Coors Boulevard NW
Suite J.
Albuquerque, New Mexico 87120
ATM Available
First Financial Credit Union: Gallup Downtown
307 W. Aztec Avenue
Gallup, New Mexico 87301
ATM Available
First Financial Credit Union: Silver City Branch
2290 E. Superior Street
Silver City, New Mexico 88061
ATM Available
First Financial Credit Union: Portales Branch
700 W. 2nd Street
Portales, New Mexico 88130
ATM Available
Members
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77,561 members
Membership type: State chartered natural person credit union
Above average number of members

With 77,561 members, the First Financial Credit Union is considered to be a very large credit union. It is among the largest of credit unions and is larger than 94% of credit unions.

Fees
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$100
Average fee per member
The average fee per member at the First Financial Credit Union is $100, which is very high compared to most credit unions. This rate is higher than 84% 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 Financial Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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322:1
Credit union member to staff ratio
322 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
241 staff members
FTE (full-time equivalent)
2% of employees are part-time
239 full-time, 4 part-time

First Financial Credit Union has 239 full-time staff members and 4 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 98% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. First Financial Credit Union has around 322 members per staff, a low ratio compared to other credit unions. This is a well staffed credit union.

Assets
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$543,612,310
Total assets
Above average
Net worth
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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.
8.2%
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
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$10,928
Average loan and lease size
Loan & lease sizes are average sized. They are bigger than at 57% of credit unions.

First Financial Credit Union holds a total of $441,450,000 in loans and leases, which is about $10,928 per member on average.

Savings interest rate
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2.50%
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 Financial Credit Union pays 2.50%.

Loan rates
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9.99%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
12.68%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
8.86%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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4.44%
New car loan rate
Compared to 4.0% nationally
4.30%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
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5.75%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
5.25%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
5.75%
Other real estate loan rates
Compared to 0.9% nationally