First Choice Credit Union:

First Choice Credit Union was chartered in 1940 and its charter number is 67772. First Choice Credit Union's address registered with the NCUA is 55 MARSTON STREET, LAWRENCE, MA 01841. As of 10/30/06, First Choice CU reported $5,892,733 in assets. The credit union currently has 1,104 members. It's Manager/CEO is Irene Fisher. The credit unions website is No Web Address Provided

First Choice Credit Union is a member of the Massachusetts Credit Union League.

First Choice Credit Union Financial Evaluation

As of December 31, 2004
Total Assets: $6,506,291.00
Total Loans: $3,823,628.00
Net Worth Ratio: 16.55
% Share Growth: -1.91
% Loan Growth: 17.61
Loans/Assets Ratio: 58.76
Loans/Assets Ratio: 40.13
Numbers of Members: 1,201
Number of Full-time Employees: 80.5 		 
As of December 31, 2005
Total Assets: $6,124,234.00
Total Loans: $3,942,630.00
Net Worth Ratio: 18.2
% Share Growth: -7.71
% Loan Growth: 3.11
Loans/Assets Ratio: 64.37
Loans/Assets Ratio: 34.67
Numbers of Members: 1,142
Number of Full-time Employees: 1.5 		 
As of December 31, 2006
Total Assets: $5,836,928.00
Total Loans: $4,258,853.00
Net Worth Ratio: 19.74
% Share Growth: -6.64
% Loan Growth: 8.02
Loans/Assets Ratio: 72.96
Loans/Assets Ratio: 26.01
Numbers of Members: 1,106
Number of Full-time Employees: 60 		 
 
 
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Credit Union News:

Police warn of phone scam
The Pantagraph - Feb 6, 2008
NORMAL � People are getting calls saying there is an issue with their credit union account, which police believe is a scam to get people to give their personal information for illegal financial gain, Normal police said Wednesday.

Full Story: http://www.pantagraph.com/articles/2008/02/07/news/doc47aa481d29908899616057.txt

Credit union to serve Hispanic workers
New Orleans Times-Picayune - Feb 17, 2008
The recently refurbished Mid-City strip shopping center that is home to Rock 'n' Bowl is about to get another unique tenant: an "all Latino" credit union office where every employee speaks Spanish and English and all documents are printed in both languages.

Full Story: http://www.nola.com/news/t-p/metro/index.ssf?/base/news-27/1203315686106280.xml&coll=1

Man pleads guilty in credit union robbery in city
Williamsport Sun Gazette - Feb 6, 2008
A man has pleaded guilty to taking part in last May’s robbery at the Horizon Federal Credit Union, 1007 E. Third St., court officials said.

Full Story: http://www.sungazette.com/page/content.detail/id/505244.html?nav=5052

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