Sep, 30, 2025 — 1ST CHOICE CREDIT UNION is a federally insured state chartered credit union headquartered in ATLANTA, GA with 2 branch locations and about $30.61 million in total assets. Opened 35 years ago in 1991, 1ST CHOICE CREDIT UNION has about 6,844 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | 1ST CHOICE CREDIT UNION |
|---|---|
| Address: (Main Office) | 315 Auburn Ave NE ATLANTA, GA 30303-2603 |
| Phone: | (404) 832-5800 |
| Fax: | (404) 607-8252 |
| Website: | https://www.1stchoicecu.org |
| Branches: | 2 branch locations |
| Members: | 6,844 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67505 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1991 |
| Last Audited: | Jun 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $30,607,233 |
| CEO/Manager: | Cassandra Williams |
| Chairperson: |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 10,347,151 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 6,510,063 |
| Unsecured Loans | 2,187,003 |
| Other Loans | 9,156,840 |
| TOTAL LOANS | 17,853,915 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -818,503 |
| Land And Building | 1,348,601 |
| Other Fixed Assets | 177,898 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 313,601 |
| All Other Assets | 145,600 |
| TOTAL ASSETS | 30,607,233 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -100,337 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,601,052 |
| Regular shares | 18,005,793 |
| All Other Shares & Deposits | 8,416,507 |
| TOTAL SHARES & DEPOSITS | 31,023,352 |
| TOTAL LIABILITIES | 30,923,015 |
| Regular Reserve | 0 |
| Other Reserves | 919,256 |
| Undivided Earnings | -1,235,038 |
| TOTAL EQUITY | -315,782 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 30,607,233 |
| INCOME & EXPENSE | |
| Loan Income | 975,055 |
| Investment Income | 262,222 |
| Other Income | 311,456 |
| Total Employee Compensation & Benefits | 362,042 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,206,817 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -104,752 |
| Cost of Funds | 231,572 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -1,025,370 |
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