1st United Federal Credit Union :

1st United Federal Credit Union was chartered in 1960 and its charter number is 13860. 1st United Federal Credit Union's address registered with the NCUA is 6920 SANTA TERESA BLVD SUITE 102 SAN JOSE, CA 95119. As of 11/16/07, 1st United FCU reported $21,529,735 in assets. The credit union currently has 2,898 members. It's Manager/CEO is Max Bushman. The credit unions website is 1stunited.org

1st United Federal Credit Union is a member of the California Credit Union League.


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1st United Credit Union Financial Evaluation

As of December 31, 2006
Total Assets: $24,618,949
Total Loans: $21,897,305
Net Worth Ratio: 9.49
% Share Growth: 10.35
% Loan Growth: 4.08
Loans/Assets Ratio: 88.94
Investment/Assets Ratio: 8.88
Number of Members: 2,992
Number of Full-time Employees: 12

In the year of 2006, 1st United Credit Union assets increased by 0.04% and its membership decreased by 0.02%. 1st United CU's membership decreased by a total of 54 members. Assets increased by the amount of $1,104,861. The total loan amounts went from $21,038,526 in 2005 to $21,897,305 in 2006. Their net worth ratio increased to 9.49. 1st United CU maintained their job opportunities at 12.

As of December 31, 2005
Total Assets: $23,514,088
Total Loans: $21,038,526
Net Worth Ratio: 9.01
% Share Growth: 20.49
% Loan Growth: 43.15
Loans/Assets Ratio: 89.47
Investment/Assets Ratio: 8.5
Number of Members: 3,046
Number of Full-time Employees: 12

In the year of 2005, 1st United Credit Union assets increased by 0.22% and its membership increased by 0.01%. 1st United CU's membership increased by a total of 35 members. Assets increased by the amount of $5,072,462. The total loan amounts went from $14,696,730 in 2004 to $21,038,526 in 2005. Their net worth ratio decreased slightly to 9.01. 1st United CU increased their job opportunities to 12 by adding 2 employees.

As of December 31, 2004
Total Assets: $18,441,626
Total Loans: $14,696,730
Net Worth Ratio: 10.63
% Share Growth: -2.49
% Loan Growth: 20.36
Loans/Assets Ratio: 79.69
Investment/Assets Ratio: 17.81
Number of Members: 3,011
Number of Full-time Employees: 10

 
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