Bank
First Choice Bank
First Choice Bank was a community bank based in Lawrence, New Jersey, that provided traditional banking services and was FDIC-insured before its acquisition by Berkshire Bank in 2016.
Key Statistics
As of December 2025, public records show First Choice Bank has originated approximately $47.3M in loan volume over the past 12 months, with an average loan size of $494k.
Volume (12mo)
$47.3M
Avg Loan Size
$494k
Total Mortgages
15,669
Total Borrowers
1,358
Lending Entities
First Choice Bank funds loans through the following entities. These are the legal entities that appear on recorded mortgage documents.
15,667 mortgages recorded
+6 more not shown
Geography
First Choice Bank's lending activity is concentrated in the following states, based on recorded mortgage data from the past 12 months.
Mortgages (12mo): 102
Volume (12mo): $31.0M
Total Volume: $562.2M
Mortgages (12mo): 6
Volume (12mo): $2.7M
Total Volume: $32.2M
Mortgages (12mo): 6
Volume (12mo): $9.7M
Total Volume: $14.2M
Top Borrowers
The following individuals have the most recorded mortgage transactions with First Choice Bank. Click on a borrower to view their full investor profile.
+1,355 more not shown
FAQ
What type of lender is First Choice Bank?
First Choice Bank is classified as an bank based on our research. Banks are FDIC-insured depository institutions offering a range of mortgage products. They have a mix of business (16%) and personal loans in their portfolio.
What entities does First Choice Bank fund loans under?
First Choice Bank originates mortgages through 7 different lending entities. The most common include First Choice Bank. These are the legal entity names that appear on recorded mortgage documents.
Where is First Choice Bank most active?
Based on recorded mortgages, First Choice Bank is most active in Mississippi, Tennessee, and Arkansas.
How many loans has First Choice Bank originated?
Public records show 15,669 mortgages recorded for First Choice Bank, with $47.3M in volume over the past 12 months.
What is the average loan size for First Choice Bank?
The average mortgage size for First Choice Bank is $494k based on all recorded mortgages.
Does First Choice Bank offer short-term loans?
First Choice Bank primarily offers long-term financing, with only 8% of loans being short-term.
How is this data collected?
Elementix aggregates mortgage data from public county records across the United States. We use AI to normalize lender names, identify aliases, and connect borrowers to their lending relationships.