1st Financial Federal Credit Union CEO Carol Minges Honored with Local Award

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.

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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.


1st Financial Federal Credit Union Calling on Members to Volunteer in the Community

April 10, 2015- 1st Financial Federal Credit Union is organizing volunteer opportunities for the community.

1st Financial Federal Credit Union created the Helping People 1st Grant to help St. Louis by promoting, fundraising, and volunteering for 501 (c) 3 charities who are working to improve Education, Job Training, Financial Literacy, and Housing in the region.

In 2014, 1st Financial employees volunteered 462 hours and presented $15,624.65 to serve the community.  While these efforts have done a lot for the area, the 1st Financial Leadership Team recognized the need for a larger group of volunteers to achieve real, meaningful results.

1st Financial Federal Credit Union is opening up its volunteer days to community members who want to help serve alongside 1st Financial employees. 

“As we continue to use our resources to help build our communities, we must recognize that our most valuable assets are people-credit union people,” said Tracy Verner, Brand Ambassador for 1st Financial Federal Credit Union.  “Our members and employees are some of the most caring people I know.  I experienced our employees’ passion first-hand with almost 500 hours of service last year!”

She continued, saying, “This year we want to make a greater impact and this can only be done by inviting other people who care just as much about the community as we do-our members!  I am thrilled to volunteer alongside of our members and I cannot wait to see the great things we will accomplish together.”

Volunteers will be asked to fill out a Liability Release Form from the branches or www.1stfinancialfcu.org. Completed forms will be sent to the Marketing Department prior to the volunteer day.

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.

 


1st Financial Federal Credit Union Awards New Community Grant to Help At-Risk Children in Ferguson

April 10, 2015- 1st Financial Federal Credit Union’s Your Community 1st Grant program has selected  J. Toni Burrow of Ferguson to receive a $500 grant which will be used to support  educational, multi-cultural, recreational, and artistically enriched activities for the youth population in the Ferguson area of North St. Louis County .

Because of the Helping People 1st Grant program, 1st Financial Federal Credit Union was able to help a large number of non-profits serve the St. Louis area in 2014, but many smaller scale operations still exist.  In 2015, the 1st Financial Leadership team decided to expand their giving program and created the Your Community 1st Grant which focuses on individuals who are working for their community.  Quarterly, 1st Financial will present a $500 donation to be used for an existing community need or certified 501(c)3 charitable organization or not for profit agency.

The first recipient of the Your Community 1st Grant was chosen based on the severity of the need and willingness to work towards helping members of their community achieve personal or financial growth. (For example: Education, housing, financial literacy, etc.)  1st Financial was excited to award the Your Community 1st Grant to J. Toni Burrow, Executive Director of PAKT Community Center in Ferguson.

In her application, Mrs. Burrow spoke about using the grant to serve the most vulnerable families in the Ferguson-Florissant area and work to strengthen her community.  Mrs. Burrow plans use the grant to purchase 50 copies of the book Paintings by Carol Klein.

Paintings will be used as a component of the ImPAKT Summer Day Camp Leadership and Development Program run by Mrs. Burrow and PAKT Community Center at Walnut Grove Elementary for 4th, 5th, and 6th graders of the Ferguson-Florissant School District this summer.

“Thank you to 1st Financial Credit Union for helping us fill the needs of those who are in crisis,” said Mrs. Burrow.  “With your financial support, children’s lives are being transformed through their participation in our PAKT Youth ImPAKT Program this summer.”

Brand Ambassador Tracy Verner presented the $500 Grant to Mrs. Burrow and Mrs. Martha Panetti, an ImPAKT volunteer on Tuesday, April 7th 2015 inside Walnut Grove Elementary located at 1248 North Florissant Road.

PAKT Community Center, located at 500 Airport Road in Ferguson, Missouri is a non-profit organization dedicated to the enrichment of people’s lives by providing services to those in need.  PAKT provides emergency rent assistance, health screenings for the elderly, drug abuse prevention, and educational summer camp programs for children from the Ferguson-Florissant School District.

For more information about PAKT Community Center, please visit http://www.paktcenter.org/

For more information about 1st Financial Federal Credit Union and the credit union difference, please visit www.1stfinancialfcu.org

April 2015

Pictured from right to left: Tracy Verner, Brand Ambassador for 1st Financial Federal Credit Union; J. Toni Burrow, Executive Director of PAKT Community Center; and Martha Panetti of Walnut Grove Elementary School.

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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.


1st Financial Federal Credit Union Hosting Document Shredding and Bike Donation Event

April 10, 2015- 1st Financial Federal Credit Union is offering a Free Community Document Shred Day on Saturday, May 2nd.

Shredding important documents is a great way to help prevent identity theft.  But these documents-like bank statements, medical records, and credit card bills-can accumulate quickly because the information they contain can be targeted after it has been thrown away in the trash.  A secure solution to ensuring financial security is to use bulk document destruction for important papers.

1st Financial Federal Credit Union is hosting its annual Shred Day on Saturday, May 2nd at three area branches from 9 a.m. until noon.  Participants can bring up to five containers of documents to the event.    The locations for Shred Day include:

  • St. Charles Branch at 1550 Country Club Plaza Drive, St. Charles, MO 63303
  • Hazelwood Branch at 5916 North Lindbergh, Hazelwood, MO 63042
  • Wentzville Branch at 1232 Wentzville Parkway, Wentzville MO 63385

1st Financial has contracted Shred-It to provide document destruction services at each of the branches.  Shred-it is a certified document shredding company with 25 years of experience in the St. Louis area.  Shred-It provides their customers peace of mind by delivering unparalleled security and service for the information they value.

1st Financial is also partnering with St. Louis Bicycle Works to hold a bicycle drive this year.  Members and non-members can donate used bicycles from 9 a.m. to 11 a.m. at all three locations.  St. Louis Bicycle Works will take the donations back to their bike shop for rehabilitation.  Once they are refurbished, St. Louis area children receive the bike after they complete the Earn-a-Bike safety and maintenance program which promotes responsibility and a strong desire to serve and improve their community.  St. Louis Bicycle Works has provided over 10,000 bikes to inner-city kids since 1988.

“Our number one priority is making sure our member’s financial information is secure,” said Carol Minges, Chief Executive Officer of 1st Financial Federal Credit Union.  “While we offer electronic services like eStatements and Online Banking to help prevent identity theft, we still have a lot of members who choose to receive financial information via regular mail.  We host our Shred Day to give members peace of mind when it comes to safely disposing of their financial documents.”

For more information on St. Louis Bicycle Works, please visit http://www.bworks.org/

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.