April 14, 2015- Carol Minges, CEO of 1st Financial Federal Credit Union, was selected to the Small Business Monthly’s Top 100 People to Know in Business list at their annual luncheon on April 8th.
Small Business Monthly publishes their Top 100 People to Know in Business list and honors the winners with an awards luncheon annually. The chosen recipients are selected by a group of community leaders and are recognized for their contributions to business within the St. Louis community.
Carol Minges has called 1st Financial Federal Credit Union home for almost seven years. Before she took over as Chief Executive Officer on an interim basis in November of 2013 and officially in June of 2014, Carol spent five and a half years as 1st Financial’s Chief Information Officer.
During her tenure, 1st Financial has experienced a drastic culture shift, emphasizing the credit union philosophy of “people helping people.” While CEO, 1st Financial was chosen as one of the Best Workplaces in St. Louis for 2014 by the St. Louis Post Dispatch, started multiple initiatives to improve health and productivity within the branches, and launched a successful community presence program with the goal of assisting the underserved and underbanked population of St. Louis.
This program includes community grant programs which donated $15,624.65 to St. Louis non-profits, a paid employee volunteer program which allowed 1st Financial employees to work over 460 volunteer hours, and a partnership with the Saint Louis Agency on Training and Employment and Tishaura Jones, the Treasurer of the City of St. Louis. Carol’s vision will ensure that St. Louis becomes one of the least underbanked major cities in the United States and promises future city school graduates the choice to go to college.
“Since Carol has taken over leadership of our organization, we have been given a vision and the necessary resources to create real change for our communities,” said Laura Woods, Vice President of Marketing and Community Presence. “She holds us accountable every day to make decisions that better ourselves and the people we serve.”
She continued, saying “For her, it’s not lip service. We are all proud to be on her team and excited to see her receive this honor.”
Carol holds a Bachelor of Science degree from Indiana Wesleyan University in Information Systems, Information Technology and Business. Before moving to 1st Financial, Carol’s experience included eleven years with FORUM Credit Union in Indianapolis, IN, serving in several operations and technology roles, as well as five years with Arsenal Credit Union in St. Louis.
For more information about 1st Financial Federal Credit Union and the credit union difference, please visit www.1stfinancialfcu.org
About 1st Financial Federal Credit Union
Like all credit unions, 1st Financial is a member-owned, financial cooperative. 1st Financial Federal Credit Union was chartered on September 3, 1968 as District 837 Credit Union by the International Association of Machinist members employed by McDonnell Douglas. Today, with over 30,000 members and nearly $200 million in assets, 1st Financial is a St. Louis metro area financial institution dedicated to helping members achieve their financial dreams. For over 45 years 1st Financial has provided members with a full line of dependable financial products and services which returns profits to the members in the form of lower rates on loans and higher savings yields. The cooperative nature of credit unions enables 1st Financial to provide products and services at very reasonable rates.
1st Financial Federal Credit Union serves those who live, work, worship, attend school, or regularly conduct business in St. Louis City, St. Louis County, and St. Charles County, Missouri and a wide array of companies throughout the St. Louis metropolitan area. 1st Financial is a member-owned, not-for-profit financial organization committed to providing quality services to the membership while demonstrating safe and sound business practices. Deposits are federally insured by the National Credit Union Administration (NCUA), an agency of the U.S. Government.
Not a credit union member? If you live, work, worship, attend school, or regularly conduct business in St. Louis City, St. Louis County, and St. Charles County, Missouri, you can open an account today with 1st Financial Federal Credit Union. Visit www.TheBetterWayToBank.org for more information.