Our Products and Services

SERVING SCHOOL EMPLOYEES AND THEIR FAMILIES

In 2021, we grew to serve over
1,200,238 Members
We welcomed
88,547
new Members
Including
We welcomed
Including
18,196
school employees

Supporting school employees with unique products to meet their needs

221,246

school employee Members participated in Summer Saver and 6,276 participated in Paycheck Planner to cover the summer months when they don’t receive a paycheck.

8,722

Members participated in the Summers Off program to ease the stress of making payments in the summer months.1

14,460

classified school employee Members received Uniform Loans to help purchase uniforms, equipment and other special gear to successfully do their jobs.

8,567

Members received Classroom Supply Loans to help provide students with educational material they wouldn’t otherwise have.

5,769

School Employee Mortgages, featuring a low down payment and no private mortgage insurance, were opened to make homeownership a reality for Members.

15,278

competitive-rate School Employee credit cards were opened.

NEW WAYS TO ACCESS AND MANAGE MONEY

Increased daily debit and ATM card withdrawal limits

Easier to make loan and credit card payments from other financial institutions

New options to self-serve when calling our Member Contact Center

More Branches

We’re where you are
We ended 2021 with
69
Branches
to serve Members
throughout California.
 
3 new
Branches
were added in Los Angeles
and Orange counties.

Access anytime, anywhere

Members can access more than
28,000 FEE-FREE ATMS
in the Co-op Network.
54.1%
of Members use
Mobile Banking.
40.9%
of Members use
Online Banking.

Helping more members than ever with loans to fit their personal needs

67,188

Members opened
personal loans.2

76,399

Members opened
vehicle loans.2

9,373

Members opened
mortgage loans.2

3,283

Members opened home
equity lines of credit.2

Saving Members money and making life easier

2,281

autos were purchased through our auto-buying services, saving Members time and money.

18,616
Members used our insurance services to save money on auto, home and other personal property policies.3
501
Members participated in the Home360SM program, saving them a combined $1,398,855 on their home purchases.4

When faced with hardships, we were there to help

265

Members received financial assistance with real estate loan forbearances on balances totaling $73,406,666.

9,391

Members received loan payment extensions and participated in the Skip-a-Payment program, skipping or extending 17,449 payments on $227,911,709 in loan balances.

14,574

Members impacted by a natural disaster were contacted by the Credit Union and offered financial assistance in their time of need.

Empowering members to save for the future

88,980

Members with certificates received a combined $45,392,284 in earned dividends.

37,273

Members with a College Saver Share Certificate received a combined $1,203,104 in earned dividends to save for future education expenses.

Guiding Members with trusted financial advice when they need it

Members scheduled
5,739

appointments with our Financial Advisors to talk about their financial journey.5

SchoolsFirst FCU managed
$4 Billion

in total investment assets.

Investment assets grew by
14.3% in 2021, adding
$493 Million

in new assets.

791

workshops were hosted to guide Members on homebuying, retirement and trust accounts.

24,527

Members were assisted by our Investment Services team.

Members throughout the state generously recognized the Credit Union

Voted Best Credit Union in Orange County

Orange County Register’s 2021 Best of
Orange County Annual People’s Choice

Voted Best Credit Union in El Dorado County Foothills

Style Magazine's Readers' Choice Awards, Best Credit Union

Voted Top Three Credit Unions in Folsom and El Dorado Hills

Style Magazine's Readers' Choice Award All-Stars, Best Credit Union

Peter S., Rhiannon L. and family
Members Since 2014 and 2001

Rhonda B.
Member Since 1989

Eric M.
Member Since 2017

1. Restrictions apply. Finance charges begin to accrue immediately upon the first skipped payment and are repaid over the life of the loan. As a result, Members may pay higher total finance charges on the loan than if payments began earlier. 2. All loans subject to approval. 3. CA Insurance License 0I19344. 4. Rebate payment is made by First Team Real Estate or HomeSmart Evergreen Realty. Rebate is credited to your benefit at the close of transaction and will be lowered by any reductions to the commissions paid to the participating agent in a concurrent purchase and sale of a home. Commission will vary. To be eligible for the 20% rebate, Member must complete the transaction with the agent assigned by SchoolsFirst FCU Home360℠. Using SchoolsFirst FCU for a mortgage loan is not a requirement to earn the rebate. Purchase price must be greater than $150,000 after all credit adjustments. All rebates are subject to limitations, lender guidelines and other requirements. Certain properties may not be eligible for rebates. Rebate is 20% for purchase only of a residential property in California. Please consult a qualified tax professional for advice on tax implications from receiving a rebate. First Team Real Estate and HomeSmart Evergreen Realty are not affiliated with SchoolsFirst FCU. 5. Securities sold, advisory services are offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor. CBSI is under contract with SchoolsFirst FCU to make securities available to Members. Not NCUA/NCUSIF/FDIC insured, may lose value, no financial institution guarantee. Not a deposit of any financial institution. CUNA Brokerage Services, Inc. is a registered broker/dealer in all fifty states of the United States of America. Trust services provided by Members Trust Company, a federal thrift regulated by the Office of the Comptroller. Trust and Investment products are not federally insured, are not obligations of or guaranteed by the credit union or any affiliated entity, involve investment risks, including the possible loss of principal.