West Palm Beach, FL 33406


2018 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 67725
Date Established 1929
Assets $112.34 million
Loans $46.17 million
Deposits $99.17 million
Capital $10.70 million

First Choice is an NCUA insured institution located in West Palm Beach, FL. It was founded in 1929 and has approximately $112.34 millions in assets.

Field of Membership Restrictions

First Choice Credit Union of Florida is open to residents and people that maintain employment within Palm Beach County, licensed professional throughout the state, current and retired federal employees including military veterans, Argentina Arts Organization members, and the family members of current credit union members.

Deposit Rates - October 19, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.15% $2,500 $9,999 Learn MoreShow Less
Money Market
0.20% $10,000 $24,999 Learn MoreShow Less
Money Market
0.30% $25,000 - Learn MoreShow Less
Premium Money Market Account
0.15% $1 $49,999 Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
Variable IRA Rates APY MIN MAX
0.25% $50 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.01% $1 $9,999 Learn MoreShow Less

Loan Rates - October 19, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for FIRST CHOICE

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 2018

Lender APR Rate (%) Points Fees Monthly
Learn More
Rocket Mortgage
NMLS ID: 3030
5.250% 5.250% 0.00 $0 $1,381 Learn More
J.G. Wentworth Home Lending, LLC
NMLS ID: 2925
License#: MC-1875
4.769% 4.750% 0.25 $552 $1,305 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.625% 5.625% 0.00 $0 $1,440 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Flagstar Bank 5.490% $283.58 Learn More
Third Federal Savings & Loan Assoc. of Cleveland 4.240% $245.68 Learn More

To upload and update your bank's rates please register. It is free to register and add rates.


Below are First Choice 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:

First Choice Locations

Financial Details

First Choice Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Choice. 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
First Choice U.S. Average
8.25% 5.78

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 June 30, 2018, First Choice had $500,615 in non-current loans and $467,477 in owned assets. To cover these potential losses it had $10,702,949 in net worth and $1,026,865 in loans loss reserves. That gives it a Texas Ratio of 8.25%.

Net Worth
First Choice U.S. Average
9.52% 13.21%

First Choice FCU has a net worth of 9.52% versus the BestCashCow average of 13.21. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions On First Choice

What is First Choice?

A federal credit union, registered with the NCUA under certificate #67725.
Learn more about credit unions here.

Is First Choice FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join First Choice?

Please see Field of Membership information above for information on who is eligible to join.

What are First Choice's share account and share certificate rates?

First Choice's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is First Choice?

First Choice has total capital of $10.70 million. Full information on First Choice's financial position is located above.

Who owns First Choice?

Credit Unions are owned by their members.

Where are First Choice branches located?

See branch locations nearby.

Are First Choice ATMs Open 24/7?

Do First Choice ATMs accept cash deposits?

Can First Choice customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does First Choice have a mobile app?

Does First Choice have mobile deposit?

Does First Choice have quick pay?

How can First Choice transfer money to other banks or credit unions?

Does First Choice report to credit bureaus?

Does First Choice use Chexsystems?

Does First Choice use Equifax?

What is First Choice's toll free phone number?

What is First Choice's ACH Routing Number?

What is First Choice's SWIFT code?

Where can I find First Choice's wire transfer form?

What is the First Choice address for deposits?

What Products Does First Choice Offer

Does First Choice offer mortgages?

Compare mortgage rates here.

Does First Choice offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Choice offer auto and RV loans?

Compare auto loan rates here.

Does First Choice offer student loans or personal loans?

Compare personal loan rates here.

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