1st Choice Community Federal Credit Union

Headquarters

3910 Schaper Ave
Erie, PA 16508
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Notable Rates APY Vs.Others
Savings N.A. 1.02% →
1-Year CD N.A. 1.45% →
2-Year CD N.A. 2.31% →
5-Year CD N.A. 3.00% →
30-Year Mortgage N.A. 2.81% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2022 Overview

General Credit Union Information

1st Choice Community is an NCUA insured institution located in Erie, PA. It was founded in 1941 and has approximately $27.29 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 4446
Date Established 1941
Assets $27.29 million
Loans $10.53 million
Deposits $24.65 million
Capital $2.07 million
 

Deposit Rates - May 19, 2022

Your Current Location: Virginia, VA 20146

We do not yet have rates for 1st Choice Community

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Loan Rates - May 19, 2022

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for 1ST CHOICE COMMUNITY

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Virginia 30 Year Fixed Mortgage Rates 2022

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
PADDIO
NMLS ID: 1907
5.427% 5.250% 1.00 $5,000 $1,381 Learn More
Morty, Inc.
NMLS ID: 1429243
4.773% 4.690% 1.00 $2,420 $1,296 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More

Note to 1ST CHOICE COMMUNITY
To upload and update your bank's rates please register. It is free to register and add rates.


 

Branches

Below are 1st Choice Community branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


1st Choice Community Locations



Climate Initiatives

1ST CHOICE COMMUNITY is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.

Financial Details

1st Choice Community Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of 1st Choice Community. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
1st Choice Community U.S. Average
6.72% 4.85

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of December 31, 2021, 1st Choice Community had $140,580 in non-current loans and $0 in owned assets. To cover these potential losses it had $2,073,182 in net worth and $17,723 in loans loss reserves. That gives it a Texas Ratio of 6.72%.

Net Worth
1st Choice Community U.S. Average
7.59% 12.36%

1st Choice Community FCU has a net worth of 7.59% versus the BestCashCow average of 12.36. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

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