Sep, 30, 2025 — FIRST CHOICE CREDIT UNION is a federally insured state chartered credit union headquartered in MARSHFIELD, WI with 1 branch location and about $48.14 million in total assets. Opened 59 years ago in 1967, FIRST CHOICE CREDIT UNION has about 3,264 members and employs 11 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 CREDIT UNION |
|---|---|
| Address: (Main Office) | 1614 E 4th St MARSHFIELD, WI 54449-4601 |
| Phone: | (715) 387-8405 |
| Fax: | (715) 389-1007 |
| Website: | https://www.firstchoicecreditunion.c |
| Branches: | 1 branch locations |
| Members: | 3,264 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66545 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1967 |
| Last Audited: | Apr 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $48,143,507 |
| CEO/Manager: | ROB SCHULZ |
| Chairperson: | JEAN LAMPI |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 5,435,405 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 10,228,638 |
| Unsecured Loans | 1,274,256 |
| Other Loans | 14,654,137 |
| TOTAL LOANS | 26,405,507 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -187,152 |
| Land And Building | 346,325 |
| Other Fixed Assets | 94,331 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 380,073 |
| All Other Assets | 0 |
| TOTAL ASSETS | 48,143,507 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 99,552 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 243,723 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 8,319,014 |
| Regular shares | 19,279,310 |
| All Other Shares & Deposits | 12,534,043 |
| TOTAL SHARES & DEPOSITS | 40,132,367 |
| TOTAL LIABILITIES | 40,475,642 |
| Regular Reserve | 0 |
| Other Reserves | 1,725,000 |
| Undivided Earnings | 5,942,865 |
| TOTAL EQUITY | 7,667,865 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 48,143,507 |
| INCOME & EXPENSE | |
| Loan Income | 1,195,805 |
| Investment Income | 656,588 |
| Other Income | 47,085 |
| Total Employee Compensation & Benefits | 498,517 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 477,860 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 96,915 |
| Cost of Funds | 353,676 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 834,767 |
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