Credit union · NCUA insured
First Central Credit Union
A $188.4M credit union headquartered in Waco, TX, with 20,753 members and 5 branches in Texas. Best rates: CDs 4.00% and savings 1.00% APY.
First Central Credit Union Carrot Score
85
Carrot Score
Higher than 69% of U.S. banks and credit unions
#5 of 19 in Waco, TX metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About First Central Credit Union
Founded in 1937 as Waco Telco Credit Union by 14 Southwestern Bell Telephone employees, First Central Credit Union later merged with institutions including Sears Credit Union.
In 2006, the Texas Credit Union League awarded the credit union the Juntos Avanzamos designation for serving the Hispanic community.
- Headquarters
- 6201 Sanger Ave, Waco, TX 76710
- NCUA charter
- 67644
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Individuals who live, work, worship, or attend school within Bell, Bosque, Callahan, Coleman, Comanche, Coryell, Eastland, Falls, Limestone, McCulloch, Milam, Mills, Navarro, Robertson, and San Saba counties are eligible for membership.
- Individuals who live, work, or worship in Hill or Brown Counties are eligible for membership.
- Individuals who live or work in McLennan County are eligible for membership.
Employers and groups
- Employees of select employment groups are eligible for membership.
Family and household
- Individuals who have an eligible family member who is a member of First Central Credit Union are eligible for membership.
Cost to join
- New members are required to open a savings account with a minimum deposit of $5.
Branches
5 branches in Texas
Loading map…
Texas
5 branches
Waco area · 3
- Sanger OfficeMain office6201 Sanger Ave, Waco, TX 76710Directions
- Bellmead Office3100 Bellmead Dr, Waco, TX 76705Directions
- Chapel Office9101 Chapel Rd, Waco, TX 76712Directions
Brownwood area · 1
- Brownwood Branch1602 Austin Ave, Brownwood, TX 76801Directions
Hillsboro area · 1
- Hillsboro Branch305 Coke Ave, Hillsboro, TX 76645Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 16.35% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 1.95% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 1.23% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $61 | $76 | — |
- CapitalNet worth ratio16.35%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late1.95%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets1.23%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$61Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of First Central Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.