Articles from SchoolsFirst Federal Credit Union

For the second year in a row, SchoolsFirst Federal Credit Union has earned the top ranking in the JD Power U.S. Credit Union Satisfaction StudySM, the most widely recognized benchmark for members' experience in the financial services industry.

SchoolsFirst Federal Credit Union announced that it has lowered the down payment requirement for school employee Members seeking a mortgage loan from 5% to 3% of the purchase price to improve access to homeownership. The reduced down payment ensures more school employee Members may be able to achieve their dream of owning a home.

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, in partnership with ABC10 Sacramento and Sacramento State’s College of Education, today announced that Diana Magaoay of Genevieve F. Didion K-8 School in Sacramento is Teacher of the Month for May 2023. In place for 20+ years, Teacher of the Month is one of ABC10’s signature community enrichment initiatives designed to highlight local teachers making a difference in the lives of their students and families.

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, today announced that Diana Pham, Innovation Project Manager with the Credit Union, was selected for the Filene Research Institute’s prestigious i3 program, a two-year innovation leadership program equipping top credit union professionals with the mindset, tools and network to lead and shape the credit union of the 21st century.

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, recognized the exemplary classified employees, new teachers and certificated employees from schools throughout Yuba County who were honored in the annual Educator of the Year program sponsored by the Credit Union. During a ceremony on April 27 attended by district superintendents, school board members, colleagues and family members of recognized teachers and staff, 21 educators were recognized in the following categories:

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, today announced that the Credit Union will sponsor a special night to honor school employees at the Los Angeles Angels game on May 5, 2023. School employees, family members and friends can purchase discounted tickets for the game and will also be eligible for the evening’s promotional giveaway of an Angels long-sleeve hooded shirt.

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, in partnership with ABC10 Sacramento and Sacramento State’s College of Education, today announced that Todd Boynton, who teaches Physical Education at Twelve Bridges Middle School in the Western Placer Unified School District, has been named Teacher of the Month for April 2023. In place for 20+ years, the Teacher of the Month program is a community enrichment initiative designed to highlight Greater Sacramento area teachers who are making a difference in the lives of their students and families.

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, today announced that the Credit Union will participate in the Children’s Hospital Los Angeles (CHLA) Walk & Play L.A. 2023. The annual fundraising event, to be held at the Santa Monica Pier on Saturday, May 20, from 8 a.m. – 12 p.m., features celebrity hosts, a 3k walk in and around the Pier, and children’s activities. The Walk & Play L.A. helps CHLA raise critical funds to support the mission of creating hope and building healthier futures for children.

The Education Foundation for California Schools, a non-profit organization created by SchoolsFirst FCU and the Orange County Department of Education, today announced its annual golf tournament fundraiser will be held on Monday, June 26, at the Newport Beach Country Club in Newport Beach. Last year, the Education Foundation’s golf tournament raised more than $150,000, a record for the organization that is celebrating its 20th anniversary this year.

When you’re finished filing your annual tax return, you’re only half done. There’s a second – and perhaps more important – task to consider. In addition to looking backward to review the prior year’s finances, it’s also time to look forward and plan your financial future.

The Education Foundation for California Schools, a non-profit organization created by SchoolsFirst Federal Credit Union and the Orange County Department of Education, today announced that it awarded 119 grants to teachers throughout the state to help fund programs designed to encourage students to learn and excel in the core subjects of language arts, science and mathematics, foreign language, and social studies. The grants – awarded in $1,000 and $5,000 funding levels – total more than $285,000.

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, in partnership with ABC10 Sacramento and Sacramento State’s College of Education, today announced that Julie Francesconi, who teaches Introduction to Journalism, Advanced Journalism, and CP English 9 at Granite Bay High School in the Roseville Joint Union School District, has been named Teacher of the Month for March 2023. In place for 20+ years, the Teacher of the Month program is a community enrichment initiative designed to highlight Greater Sacramento area teachers who are making a difference in the lives of their students and families.

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, today announced it was named a winner of the 2023 Achievers 50 Most Engaged Workplaces®. Achievers annually recognizes the top 50 employers that display leadership in innovation in engaging their workplaces. Now in its 11th year, the Achievers 50 Most Engaged Workplaces Awards will honor this year’s winners during a celebration on May 30, the evening before the Achievers Customer Experience (ACE) Conference in Austin, Texas.

Many consumers postponed making big purchases during the pandemic and have continued to remain cautious amid concerns of inflation and rising interest rates. Yet this year some say they’re now ready to reconsider purchasing large-ticket items such as electronics, home appliances and family vacations.

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, in partnership with ABC10 Sacramento and Sacramento State’s College of Education, today announced that Ryan Tompkins, who teaches Pre-Engineering Technology, Manufacturing Metals Technology at El Camino High School in the San Juan Unified School District, has been named Teacher of the Month for February 2023. In place for 20+ years, the Teacher of the Month program is a community enrichment initiative designed to highlight Greater Sacramento area teachers who are making a difference in the lives of their students and families.

SchoolsFirst Federal Credit Union, the largest credit union in California which serves school employees and their families, and the Los Angeles Chargers Impact Fund today announced that the Chargers Champions School Grant Program powered by SchoolsFirst FCU is open for 2023 applications. The annual program, entering its 24th year, is available to all public and private San Diego and Imperial County schools to apply for direct funding toward physical fitness, nutrition and athletic programs.

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, in partnership with ABC10 Sacramento and Sacramento State’s College of Education, today announced that Jessica Campos, who teaches students with visual impairments for the San Juan Unified School District, has been named Teacher of the Month for January 2023. In place for 20+ years, the Teacher of the Month program is a community enrichment initiative designed to highlight Greater Sacramento area teachers who are making a difference in the lives of their students and families.

SchoolsFirst Federal Credit Union named four new vice presidents who will focus on enhancing service delivery in their respective focus areas of real estate, investment, retirement and insurance services.

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, was recently recognized by American Banker and CNET as a top credit union for its outstanding service experience and products. American Banker is one of the oldest and most prominent media outlets covering the financial services industry, and CNET – owned by CBS Interactive – is one of the first online sites providing expert reviews and advice.

SchoolsFirst Federal Credit Union, the largest credit union serving teachers and school employees, today announced that the Credit Union Executives Society (CUES) honored Kevin Martin, executive vice president, strategic integration & Member experience for SchoolsFirst FCU, with its 2022 Exceptional Leader Award, the highest honor bestowed by the leading talent development solutions provider for credit unions across North America. The CUES Exceptional Leader Award is presented annually to a credit union industry professional who has delivered exceptional service and made outstanding contributions to strengthen their credit union and the industry. The award was presented during the CUES Member Appreciation & Awards Event, a virtual event that occurred on Oct. 20.

SchoolsFirst Federal Credit Union, the nation’s fifth largest credit union and the largest credit union dedicated to serving school employees and their families, today announced that Chief Executive Officer Bill Cheney has been named one of four honorees of the 34th annual Herb Wegner Award, the credit union movement’s highest national honor, presented by the National Credit Union Foundation (NCUF), the charitable arm of the U.S. credit union movement. The award is a symbol of human service, and is presented to individuals who represent a dedication to advancing the cooperative values of the credit union movement and improving the financial lives of credit union members. It is named in honor of Herb Wegner, who was credited with advancing credit unions into America’s mainstream and reaching millions more consumers worldwide with cooperative services.

SchoolsFirst Federal Credit Union, the state’s largest credit union which serves more than 1.2 million school employees and their families, has been recognized by Forbes as the number one Best-In-State Credit Union in California. This is the fourth consecutive year SchoolsFirst FCU has been among the top ranking credit unions. SchoolsFirst FCU’s mission is to provide their Members with World-Class Personal Service and financial security to help better their financial lives.

SchoolsFirst Federal Credit Union, the largest credit union in California, announces the promotion of Michael Faulwell to the position of chief financial officer. Mr. Faulwell assumed the role on August 2, 2022 and brings nearly 30 years of credit union, financial, accounting, investment and merger experience.

SchoolsFirst Federal Credit Union announced the promotions of William De Leon to senior vice president of branch operations, Amy Hsu to senior vice president of payments, security and fraud, and Dan Rearick to senior vice president of wealth management.

SchoolsFirst FCU announced changes to the Credit Union’s executive leadership structure, promoting Jose Lara to president and adding new leadership positions to support its priority of delivering World-Class Personal Service to their Members. Bill Cheney will continue to serve as the Credit Union’s Chief Executive Officer.