First Choice
First Choice is a credit union based in West Palm Beach, Florida, established in 1929, with $155 million in total assets serving 8,341 members. By Trust Grade it ranks 76th of 107 credit unions we track in Florida. Its net worth ratio of 10.7% trails most similarly sized credit unions (42th percentile), versus a Florida median of 11.1%. It was profitable over the most recent period, with a 0.33% return on assets. No consumer complaints against First Choice appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How First Choice compares to Florida peers
How we graded First Choice
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (10.7% capital ratio)
- Profitable (ROA 0.33%)
- No CFPB complaints on record
The Trust Grade is Bankzia’s independent, documented opinion computed from public FDIC/NCUA/CFPB data — not an official rating, and not a statement about the safety of insured deposits. Report a data error or dispute this grade →
Consumer complaints (CFPB)
No CFPB complaints are on file for First Choice over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at First Choice insured?
Yes. First Choice is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
First Choice: frequently asked questions
Is First Choice a good credit union?
First Choice earns a Bankzia Trust Grade of B (88/100, "Strong"), based on a financial-strength score of 88/100 (it has no CFPB complaints on record). Well-capitalized (10.7% capital ratio); Profitable (ROA 0.33%).
Is First Choice NCUA-insured?
Yes. First Choice is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is First Choice?
First Choice holds $155 million in total assets, ranking 76th of 107 credit unions we track in Florida. It serves 8,341 members.
Does First Choice have CFPB complaints?
No CFPB complaints against First Choice appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
