Serving Our Members

Serving School Employees and Their Families

Together, we are
1,276,035
Members strong.
We welcomed
a record
100,734
new Members in 2022.
Including

29,666

school employees

51,175

family Members

19,893

youth family Members

Because of Your Loyal Membership

We remained the largest credit union in California and the fifth largest credit union in the United States. Together, our Members saved:

$105.6 million

from higher dividend rates on savings.1

$151.8 million

from lower interest rates on loans.1

$19.8 million

from fewer/lower fees.1

Listening to You and Improving Our Products and Services

37,000+

Self-Service PIN management launched and Members changed their own PIN over 37,000 times.

ACH Payments

ACH direct to loan payments were made available for the first time.

Mobile Banking

Member feedback was used to refresh Mobile Banking with new features and design.

FHA Home Loans

We launched FHA home loans to help make homeownership more accessible to Members.

2 New Branches

We opened 2 new branches in Orange and Riverside counties.

Serving You Where You Are

771,014

Members who visited our 70 branches throughout California.

2,770,487

Members who called our Member contact centers.

635,603

Members who used our ATMs or the 28,000 CO-OP network ATMs.

771,977

Members who used Online Banking.

802,836

Members who used Mobile Banking.

175,316

Members who used chat from our website.

Helping Make Your Financial Dreams a Reality

5.9 million

Together, Members used 5.9 million products and services, an increase of 382,000 in 2022.

$8 billion

We helped Members with over $8 billion in loans, including:2

95,128

Members who purchased a car.2

1,817

Members who bought a home.2

5,764

Members who opened HELOCs.2

113,550

Members who opened personal loans.2

Helping You Save
for the Future

$58,006,889

Amount of combined earned dividends 126,433 Members received with certificates.

$1,203,641

Amount of combined earned dividends 42,002 Members received with a College Saver Share Certificate.

Providing Members
with Guidance
When They Need It

$1.28 billion

In total brokerage assets under advisement by SchoolsFirst Investment Services.3

33,732

Number of Members assisted by SchoolsFirst Investment Services.3

13,440

Number of appointments Members scheduled with SchoolsFirst Investment Services to talk about their financial journey.3

342

Number of workshops we hosted to guide Members on homebuying, retirement and trust accounts.

Supporting School Employees with Unique Products to Meet Their Needs

238,536

school employee Members participated in Summer Saver and 6,434 participated in Paycheck Planner to cover the summer months when they don’t receive a paycheck.

9,451

Members participated in the Summers Off program to ease the stress of making payments in the summer months.4

13,114

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

8,342

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

2,282

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

13,680

competitive-rate School Employee credit cards were opened.

Members Generously Recognized Us in National and Local Publications

Forbes

Forbes’ Best-In-State Banks and Credit Unions 2022: America's Best Credit Unions in Each State

American Banker

Humanizing the bank customer experience: Who does it best? Top 50

CNET

CNET: The Best Credit Unions of 2022

LA Times

Best of the Southland

Press-Enterprise

Best of IE - Best Credit Union: North: Corona, Loma Linda, Moreno Valley, Redlands and Riverside

Press-Enterprise

Best of IE - Best Credit Union: South: Beaumont, Canyon Lake, Hemet, Menifee, Murrieta, Perris and Temecula

Orange County Register

Best of OC: Best Credit Union

Style Magazine

Readers' Choice Awards Best of 2022 -
El Dorado County Foothills

Style Magazine

Readers' Choice Awards Best of 2022 - Roseville Granite Bay Rocklin

Pasadena Weekly

Best of Pasadena - Best Credit Union

1. 2022 Credit Union National Association (CUNA) Membership Benefits Report for SchoolsFirst FCU. Source: Datatrac, NCUA and CUNA.

2. All loans subject to approval. 

3. Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. SchoolsFirst Federal Credit Union and SchoolsFirst Investment Services are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using SchoolsFirst Investment Services and may also be employees of SchoolsFirst Federal Credit Union. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, SchoolsFirst Federal Credit Union or SchoolsFirst Investment Services. Securities and insurance offered through LPL or its affiliates are:

Not Insured by NCUA or Any Other Government Agency | Not Credit Union Guaranteed | Not Credit Union Deposits or Obligations | May Lose Value

The LPL Financial registered representatives associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.

Your Credit Union (“Financial Institution”) provides referrals to financial professionals of LPL Financial LLC (“LPL”) pursuant to an agreement that allows LPL to pay the Financial Institution for these referrals. This creates an incentive for the Financial Institution to make these referrals, resulting in a conflict of interest. The Financial Institution is not a client of LPL for advisory services.

Please visit lpl.com/disclosures/is-lpl-relationship-disclosure.html for more detailed information.

4. 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.