SSchoolsFirst Federal Credit Union provides financial services to members, especially school employees and their families, including savings and checking, auto loans, mortgages, credit cards, investments, and insurance through branches and online tools. Members join and use member-owned accounts with online/mobile banking, deposits, payments, and planning help. It differs from many competitors by being member-owned, federally insured, and focusing on the education community, offering educator-focused loan programs and lower fees. Its goal is to help teachers and school staff manage money effectively with affordable products and education resources while building a loyal member base.
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1,001-5,000
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Headquarters
Santa Ana, CA
Founded
1934
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SchoolsFirst FCU announces COO and CIO, adds new leadership positions. TUSTIN, CA (August 25, 2026) | SchoolsFirst Federal Credit Union announced changes to its executive leadership structure, including the promotions of Carol Rose from executive vice president of Member Service Operations to chief operating officer and Jim Phillips from executive vice president to chief information officer. The Credit Union also added new leadership positions designed to support future growth and ensure it is well-positioned to meet the evolving needs of its Members. In her new role, Rose oversees Branches, the Member Contact Center, Fraud Management, Wealth Management, and Community and Membership Development. She has been with SchoolsFirst FCU since 2003. Phillips will continue to lead the Credit Union's technology strategy, infrastructure and cybersecurity. Andrea Blais has been promoted from senior vice president of Real Estate Lending to executive vice president of Lending. She oversees Consumer Lending and Real Estate Lending. John Conine has been promoted to executive vice president of Member Experience and Transformation. He also oversees the Digital Transformation team. Conine previously led Consumer Lending and has served the Credit Union since 1991. Amy Hsu has been promoted to executive vice president of Marketing and Payments, overseeing Strategic Marketing and Payments. She joined the Credit Union in 2014 and most recently led Payments and Fraud. Jessica Jamison has been promoted to executive vice president of People and Culture. She will continue to oversee Belonging and Culture and will assume responsibility for Human Resources, Talent Acquisition and Analytics, and Learning and Talent Development. Jamison has been with the Credit Union since 2003. "For more than 90 years, SchoolsFirst FCU has evolved to meet the changing needs of our Members while staying true to our purpose," said Bill Cheney, chief executive officer of SchoolsFirst Federal Credit Union. "These leadership changes position us to strengthen how we serve our Members and prepare for future growth. Every day, our team brings expertise, dedication and care to the work we do, and this structure helps us build on those strengths. I am confident this leadership team will continue to advance our mission and ensure we remain focused on delivering World-Class Personal Service to school employees and their families." SchoolsFirst Federal Credit Union is dedicated to improving the financial lives of its Members. Founded in 1934 by 126 school employees, the Member-owned cooperative provides a full range of financial products and services to more than 1.5 million Members and is the largest financial institution dedicated to serving school employees and their families. SchoolsFirst FCU has been named one of California's top credit unions by Forbes for eight consecutive years and recognized by JD Power as the #1 Credit Union for Member Banking Satisfaction for two years in a row. With more than $37 billion in assets, SchoolsFirst FCU is the largest credit union in California and the third largest in the United States. For more information, visit schoolsfirstfcu.org. Insured by NCUA. Contact. Robin Wachner Vice President, Communications & Member Engagement [email protected] Daily Credit Union News - Straight to Your Inbox Join thousands of credit union industry professionals who start their day with the latest news, events and technology supporting the credit union industry.
California's biggest school-focused Credit Union just crushed it for Kids' healthcare (and beat everyone else doing it). When you combine enthusiastic credit union employees, Mickey Mouse's backyard, and a really good cause, magical things happen. Case in point: SchoolsFirst Federal Credit Union just wrapped up an impressive fundraising run that brought in over $60,000 for Rady Children's Health in Orange County. Here's what makes this even cooler - SchoolsFirst FCU didn't just show up and write a check. They mobilized 139 team members, plus friends and family, to lace up their sneakers for the 2026 CHOC Walk in the Park. That's the annual 5K that winds through Disneyland Park, Disney California Adventure, and the Downtown Disney District. (Yes, you read that right - they got to walk through the actual parks. Not a bad way to support sick kids.) The final tally? A whopping $60,630 raised by the SchoolsFirst team alone. That performance earned them second place among all corporate fundraising teams and the top spot among credit unions. When the dust settled, CHOC Walk pulled in $2.9 million total to support pediatric care for Orange County families. For context, SchoolsFirst FCU is California's largest credit union and the biggest one dedicated to serving school employees and their families. So they've got some serious organizational muscle - and clearly, they know how to use it for good. The credit union sweetened their fundraising efforts with an internal campaign called "T-Shirt for Kids Fridays," where team members could dress down while giving back. It's a simple concept that clearly resonated. This isn't just a one-off feel-good story, either. SchoolsFirst FCU has an ongoing partnership with Children's Miracle Network, which happens to be the go-to charity for credit unions nationwide. Their commitment to organizations delivering essential pediatric care in Orange County communities runs deep, and results like this prove they're not just talking the talk. Bottom line: When a financial institution puts this kind of energy behind children's health, everybody wins - especially the kids and families who need it most.
SchoolsFirst FCU debuts fuel rewards as gas prices climb. SchoolsFirst FCU launches enhanced credit rewards for gas and EV charging to help members navigate rising transportation costs. Curated by Financing Your Way from original reporting by PYMNTS. Summary is AI-assisted and editorially reviewed - see its editorial standards. SchoolsFirst Federal Credit Union is launching a targeted rewards promotion to offset the impact of rising fuel costs for its members. This initiative allows cardholders to earn increased rewards points on both traditional gasoline purchases and electric vehicle (EV) charging. The move reflects a growing trend among lenders to adjust credit product incentives in real-time based on inflationary pressures and changing consumer spending habits. For retailers and service providers in the automotive and transportation sectors, this highlights the importance of credit-linked incentives in maintaining consumer purchasing power. When lenders offer enhanced rewards for specific categories like fuel, it frees up disposable income for consumers to spend elsewhere in the retail ecosystem. This program specifically acknowledges the shift toward green energy by including EV charging, ensuring the credit product remains relevant to modern drivers. Operators should take note of how credit unions are using localized, high-frequency spend categories to drive card loyalty during periods of economic volatility. Who else is covering this
SchoolsFirst FCU partners with Classroom of the Future Foundation to celebrate 23rd Annual Innovation in Education Awards. * May 29, 2026 SchoolsFirst Federal Credit Union joined Classroom of the Future Foundation (CFF) to honor educators, students and community partners at the 23rd Annual Innovation in Education Awards, held May 14 in San Diego County. The ceremony recognized seven Special Award winners, five STEAM Grant awardees and 14 AVID STEM scholars, high-achieving graduates pursuing STEM degrees. A total of $25,000 in STEAM grants was distributed among programs from districts throughout San Diego County, including Poway Unified School District, Escondido Union School District and Fallbrook Union High School District. "For more than two decades, the Classroom of the Future Foundation has celebrated the visionary work happening in San Diego County schools," said Josh Smith, vice president of school and community relations at SchoolsFirst FCU. "Partnering on this event allows us to support programs that expand learning opportunities and help students thrive." Thank you for using the Press Center on CreditUnions.com! Please be aware that although CreditUnions.com has approved the content you are about to view, the document was uploaded by a third party. Therefore, CreditUnions.com does not claim responsibility for the source of this document. Aaron Passman Marc Rapport Aaron Passman
SchoolsFirst Federal Credit Union ranked #1 in Member satisfaction by JD Power for the second consecutive year. Provided by Business Wire Apr 13, 2026, 5:05:00 AM 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 has earned the top ranking in the JD Power U.S. Credit Union Satisfaction Study SchoolsFirst FCU ranked #1 for overall satisfaction, a result driven entirely by its Members, California's school employees and their families. The distinction reflects ratings across multiple dimensions, including trust, convenience, value, team members, account offerings, digital services and problem resolution. "Receiving this recognition from JD Power for a second year in a row is an incredible honor," said Bill Cheney, Chief Executive Officer of SchoolsFirst FCU. "While awards are meaningful, we're even prouder of the trust our Members place in us every day for their most important financial goals, seeking our guidance in challenging times and allowing us the privilege of supporting their financial well-being." About JD Power JD Power delivers mission-critical data, analytics and intelligence that help businesses improve customer experience and operational performance with confidence and clarity. Using proprietary, comprehensive data-including millions of consumer interactions and authoritative automotive datasets-combined with advanced analytics, artificial intelligence and deep industry expertise, JD Power enables leaders to respond to market shifts, make smarter decisions and drive measurable performance improvements. As an objective source of deep insight into real-world customer interactions with brands and products, JD Power provides the independent intelligence organizations need to anticipate change, strengthen customer engagement and advance growth. Learn more at JDPower.com. About SchoolsFirst Federal Credit Union SchoolsFirst Federal Credit Union is dedicated to improving the financial lives of its Members. Founded in 1934 by 126 school employees, the Member-owned cooperative provides a full range of financial products and services to more than 1.5 million Members and is the largest financial institution dedicated to serving school employees and their families. SchoolsFirst FCU has been named California's top credit union by Forbes for seven consecutive years and recognized by JD Power as the #1 Credit Union for Member Banking Satisfaction for two years in a row. With more than $35 billion in assets, SchoolsFirst FCU is the largest credit union in California and the third largest in the United States. For more information, visit schoolsfirstfcu.org. Insured by NCUA. Robin Wachner Vice President, Communications & Member Engagement [email protected] The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar. Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees. Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
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Industries
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Santa Ana, CA
Founded
1934
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