FIRST CHOICE COMMUNITY CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.fcccu.com for more information.
Dec, 31, 2023 — FIRST CHOICE COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in NILES, OH with 1 branch location and about $20.01 million in total assets. Opened 56 years ago in 1968, FIRST CHOICE COMMUNITY CREDIT UNION has about 2,503 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | FIRST CHOICE COMMUNITY CREDIT UNION |
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Address: (Main Office) | 804 WARREN AVE NILES, OH 44446-1139 |
Phone: | (330) 652-3887 |
Fax: | (330) 652-2681 |
Website: | https://www.fcccu.com |
Branches: | 1 branch locations |
Members: | 2,503 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 60973 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1968 |
Last Audited: | Jun 01, 2020 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $20,007,153 |
CEO/Manager: | Deanna Kovacs |
Chairperson: | J D Sgambati |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,602,625 |
TOTAL INVESTMENTS | 14,061,520 |
Loans Held for Sale | 0 |
Real Estate Loans | 1,860,168 |
Unsecured Loans | 293,373 |
Other Loans | 1,608,864 |
TOTAL LOANS | 3,762,405 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -52,196 |
Land And Building | 24,379 |
Other Fixed Assets | 55,959 |
NCUSIF Deposit | 145,614 |
All Other Assets | 406,847 |
TOTAL ASSETS | 20,007,153 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 5,155 |
Notes & Interest Payable | 21 |
Accounts Payable & Other Liabilities | 22,768 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 2,346,042 |
Regular shares | 9,508,253 |
All Other Shares & Deposits | 4,221,642 |
TOTAL SHARES & DEPOSITS | 16,075,937 |
TOTAL LIABILITIES | 16,103,881 |
Regular Reserve | 601,957 |
Other Reserves | 259,424 |
Undivided Earnings | 3,041,891 |
TOTAL EQUITY | 3,903,272 |
TOTAL LIABILITIES, SHARES, & EQUITY | 20,007,153 |
INCOME & EXPENSE | |
Loan Income | 175,665 |
Investment Income | 207,707 |
Other Income | 73,051 |
Total Employee Compensation & Benefits | 238,409 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 199,045 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 46,606 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -27,637 |
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» See also Statement of Financial Condition