NCUA merger report, Q3 2025
1st Choice merger into Hope Federal Credit Union
NCUA's Merger Activity and Insurance Report for Q3 2025 lists 1st Choice, of Atlanta, GA, as merging into Hope Federal Credit Union, of Jackson, MS. NCUA records the reason as "poor financial condition". 1st Choice last filed a call report for Q3 2025, with $30.6M in assets and 6,844 members.
Members of 1st Choice become members of Hope Federal Credit Union. Watch for its notice on new account numbers, cards and online banking.
The two credit unions side by side
| Measure | 1st ChoiceQ3 2025 | Hope Federal Credit UnionQ2 2026 |
|---|---|---|
| Assets | $30.6M | $881.4M |
| Members | 6,844 | 49,735 |
| Net worth ratio | -0.86% | 16.18% |
| Offices | – | 17 |
| Paid on deposits | – | 2.17% |
| New auto loan rate | – | 3.99% |
| Fee income per member | – | $114 |
Figures for 1st Choice are from its call report for Q3 2025; this page carries only its size and capital. Assets for the report quarter: $32.5M merging, $700.2M continuing.
On our member-value score, built only from call-report data, Hope Federal Credit Union scores 59.6 out of 100.
Source: NCUA Merger Activity and Insurance Report, Q3 2025, and NCUA 5300 call reports. The report quarter is when the approval was listed; the merger may take effect later. Not affiliated with NCUA or either credit union. · All recent mergers · Hope Federal Credit Union full figures
Questions people ask
Did 1st Choice merge?
Yes. NCUA's Merger Activity and Insurance Report for Q3 2025 lists 1st Choice, of Atlanta, GA, as merging into Hope Federal Credit Union, of Jackson, MS. Its last call report was for Q3 2025.
Why did 1st Choice merge?
NCUA records the reason as "poor financial condition". That is the category NCUA's report gives; the credit unions' own merger notice to members explains it in more detail.
What happens to my 1st Choice account?
Members and their accounts move to Hope Federal Credit Union, which becomes your credit union. Account numbers, the routing number, cards, checks and online banking can change; the notice Hope Federal Credit Union sends members gives the dates. Keep using your current details until it tells you otherwise.
Is my money still insured?
Yes. Hope Federal Credit Union is federally insured by NCUA, which covers deposits up to $250,000 per owner, per insured credit union, for each account ownership category. If you also had accounts at Hope Federal Credit Union before the merger, your balances are now at one credit union.