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National Credit Union Service Organization

FIRST CREDIT UNION

Sep, 30, 2025 — FIRST CREDIT UNION is a federally insured state chartered credit union headquartered in CHANDLER, AZ with 8 branch locations and about $770.92 million in total assets. Opened 91 years ago in 1935, FIRST CREDIT UNION has about 44,593 members and employs 143 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 322172742
Name:FIRST CREDIT UNION
Address:
(Main Office)
25 S Arizona Pl Ste 111
CHANDLER, AZ 85225
Phone:(480) 756-5500
Fax:(480) 568-8849
Website:https://www.firstcu.net
Branches:8 branch locations
Members:44,593
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:68444
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1935
Last Audited:Jun 01, 2025
FHLB Member:Yes
Low Income Designation:No
Assets:$770,916,628
CEO/Manager:Jay E Curtis
Chairperson:Lori Gallegos

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 72,996,611
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 180,924,484
 Unsecured Loans 26,999,694
 Other Loans 269,647,056
 TOTAL LOANS 477,613,739
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -7,578,555
 Land And Building 10,485,950
 Other Fixed Assets 8,309,268
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 6,221,429
 All Other Assets 562,546
  TOTAL ASSETS 770,916,628
LIABILITIES & CAPITAL:  
 Dividends Payable 5,162
 Notes & Interest Payable 25,000,000
 Accounts Payable & Other Liabilities 11,076,938
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 162,740,386
 Regular shares 193,812,881
 All Other Shares & Deposits 315,996,644
  TOTAL SHARES & DEPOSITS 672,549,910
  TOTAL LIABILITIES 708,674,010
 Regular Reserve 0
 Other Reserves -8,016,854
 Undivided Earnings 70,259,472
  TOTAL EQUITY 62,242,618
  TOTAL LIABILITIES, SHARES, & EQUITY 770,916,628
INCOME & EXPENSE  
 Loan Income 21,743,373
 Investment Income 7,222,984
 Other Income 2,547,741
 Total Employee Compensation & Benefits 10,047,947
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 10,851,569
 Non-operating Income & (Expense) 1,148
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 5,000,000
 Cost of Funds 7,641,624
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 847,435
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