Members Choice Financial Credit Union

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A short history of Members Choice Financial CU

Since its inception in 1954 the Members Choice Financial Credit Union has been serving its members in the DANVILLE, Pennsylvania 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 James Barbarich, the Members Choice Financial CU has grown its membership to over 12,787 with assets of more than $149,517,489. They have a main office and 6 branch offices. Please see the credit unions website or contact them by phone at (570) 275-6155 to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in DANVILLE, PA.

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

Charter Number 68655
Address 230 WALNUT STREET 
City DANVILLE 
State Pennsylvania 
Zip-Code 17821
Phone Number (570) 275-6155
Fax Number (570) 275-4176
Email Address: ----
CEO/President James Barbarich
Members 12,787 
Full-Time Employees 46 
Part-Time Employees
Number of Branch Offices
Total Assets 149,517,489 
Website http://www.mcfcu.org 

Compare Members Choice Financial Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Central Susquehanna Community CU Mid-Atlantic Corp 1201 Fulling Mill Rd 17057 (800) 622-7494 No 2.87
Service 1st CU Loyalsock 814 Westminster Dr 17701 (570) 567-0800 No 5.28
Pinpoint CU MAIN OFFICE 603 CENTER ST 17847 (570) 742-3903 No 10.12
Nu Community CU Main Office 2613 State Route 45 17847 (570) 522-9710 No 10.35
Central Keystone CU Main Office 1000 Market St 17801 (570) 286-5739 No 11.07

Members Choice Financial Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Members Choice Financial 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 9.37 3.91 5.35 4.33 4.13
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 189 264 366 184 119
Rank Among All Pennsylvania Credit Unions 29 99 119 55 40

Members Choice Financial Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.10 0.24 0.42 1.66 1.50
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 116 100 72 72 94
Rank Among All Pennsylvania Credit Unions 13 28 8 13 11
Members Choice Financial Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.3701,2222,489,599
All Other Unsecured Loans/Lines of Credit 9.0108183,936,378
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.91084015,988,726
Used Vehicle Loans 5.3502,17326,860,738
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.33072553,259,214
Total Other Real Estate Loans/Lines of Credit 4.1302887,479,018
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 2.5306502,246,781
TOTAL LOANS & LEASES 6,716112,260,454

Members Choice Financial Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

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 9910,246,326101,276,000
    b. 15 Years or less 1827,846,4567532,900
Balloon/Hybrid
    a. > 15 years 8818,100196,800
    b. 15 Years or less 39731,882,030563,909,510
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 392,466,3021178,400
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 1342,924,312481,900
Closed-End Adjustable Rate 8626,1141460,000
Open-End Adjustable Rate 1463,928,59228944,653
Open-End Fixed Rate 0000
TOTALS 1,01360,738,2321087,480,163

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 784,937,0713,215,030
Interest Only & Payment Option Other RE/LOC Loans 602,022,5471,324,850
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Members Choice Financial 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 Yes
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes