First Central
First Central is a credit union based in Waco, Texas, established in 1937, with $188 million in total assets serving 20,753 members. By Trust Grade it ranks 79th of 379 credit unions we track in Texas. Its net worth ratio of 16.4% is stronger than 92% of similarly sized credit unions, versus a Texas median of 13.5%. It was profitable over the most recent period, with a 1.35% return on assets. No consumer complaints against First Central appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How First Central compares to Texas peers
How we graded First Central
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (16.4% capital ratio)
- Strongly profitable (ROA 1.35%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for First Central over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at First Central insured?
Yes. First Central 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 Central: frequently asked questions
Is First Central a good credit union?
First Central earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (16.4% capital ratio); Strongly profitable (ROA 1.35%).
Is First Central NCUA-insured?
Yes. First Central 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 Central?
First Central holds $188 million in total assets, ranking 79th of 379 credit unions we track in Texas. It serves 20,753 members.
Does First Central have CFPB complaints?
No CFPB complaints against First Central 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.
