First Edition Community Credit Union:
First Edition Community Credit Union was chartered in 1952 and its charter number is 60671.
First Edition Community Credit Union's address registered with the NCUA
is 10440 NORTH 32ND STREET, PHOENIX, AZ 85028.
As of 07/28/06, First Edition Community CU reported $42,957,982 in assets.
The credit union currently has 6,464 members. It's Manager/CEO is John I. Cassise.
The credit unions website is www.firsteditionccu.org
First Edition Community Credit Union is a member of the Arizona Credit Union League.
First Edition Community Credit Union Financial Evaluation
As of December 31, 2005
Total Assets: $47,925,591
Total Loans: $35,479,660
Net Worth Ratio: 7.49
% Share Growth: -9.60
% Loan Growth: -20.10
Loans/Assets Ratio: 74.03
Investment/Assets Ratio: 21.70
Number of Members: 7,564
Number of Full-time Employees: 28
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In the year of 2005, First Edition Community Credit Union assets increased by 0.10% and its membership increased by 0.12%. First Edition Community CU's membership increased by a total of 873 new members. Assets increased substantially by the amount of $4,645,421. The total loan amounts went from $27,850,146 in 2004 to $35,479,660 in 2005. Their net worth ratio decreased slightly to 7.49. First Edition Community CU increased their job opportunities to 28 by adding 3 new employees.
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As of December 31, 2004
Total Assets: $43,280,170
Total Loans: $27,850,146
Net Worth Ratio: 11.35
% Share Growth: -13.79
% Loan Growth: -21.50
Loans/Assets Ratio: 64.35
Investment/Assets Ratio: 28.99
Number of Members: 6,691
Number of Full-time Employees: 25
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