First Choice Credit Union

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A short history of First Choice CU

Since its inception in 1953 the First Choice Credit Union has been serving its members in the OTTAWA, Illinois area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Diane Johnson, the First Choice CU has grown its membership to over 1,768 with assets of more than $12,224,149. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (815) 434-5860 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in OTTAWA, IL.

General Information For First Choice CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 61471
Address 311 E JOLIET ST. 
State Illinois 
Zip-Code 61350
Phone Number (815) 434-5860
Fax Number (815) 434-5925
Email Address:
CEO/President Diane Johnson
Members 1,768 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 12,224,149 

Compare First Choice Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Financial Plus CU Branch 1 Ottawa 800 Chestnut St 61350 (815) 433-1496 No 1.37
Ottawa Hiway CU Ottawa Hiway Credit Union 700 E Norris Dr 61350 (815) 434-8475 No 1.61
Anco Community CU American Nickeloid ECU 154 3rd St 61301 (815) 223-8410 No 12.72
Illinois Valley CU Illinois Valley Credit Union 2107 Marquette Rd 61354 (815) 224-2666 No 13.50
Peru Municipal CU MAIN OFFICE 4005 PLANK RD 61354 (815) 223-0044 No 13.73

First Choice Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

First Choice Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 7.99 1.99 1.99 3.50 3.50
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 90 34 21 72 56
Rank Among All Illinois Credit Unions 7 9 3 13 9

First Choice Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.10 N/A 0.15 0.15
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 129 N/A 324 276
Rank Among All Illinois Credit Unions N/A 34 N/A 61 47
First Choice Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 7.990200242,485
All Other Unsecured Loans/Lines of Credit 8.950125279,435
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 1.99044704,485
Used Vehicle Loans 1.9901271,380,480
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.5009544,046
Total Other Real Estate Loans/Lines of Credit 3.5008107,996
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 2.10027186,277
TOTAL LOANS & LEASES 5403,445,204

First Choice Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 0000
    b. 15 Years or less 244,66900
    a. > 15 years 0000
    b. 15 Years or less 7499,37700
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 8107,99600
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 17652,04200


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

First Choice Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit No
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing No
Money Orders Yes
No Surcharge ATMs No
Home Banking Via Internet Website Yes