Making an Impact on Our Community

1st Financial Federal Credit Union is more than just a banking institution. Like all credit unions, we were created with a philosophy of ‘People Helping People’. We’re more than just a checking account or auto loan service provider.  We are a not for profit community development financial institution, using our limited resources to change lives throughout the St. Louis and St. Charles communities. We are making an impact in our community.

Helping People 1st Grant: Studies show that some of the largest hurdles for financial success stem from issues with sustainable housing, job training, and education in our communities. To help we’ve created a community development program that offers small monthly grants to local nonprofits and government programs to strategically support their efforts. In Q2 2019, we awarded Beyond Housing, Little Bits Foundation and Habitat for Humanity ReStore with Helping People 1st grants.

Volunteer Days: As part of our commitment to the community, we offer financial resources to our local nonprofits focused on education, job training, and sustainable housing.  But we also know that financial resources are not always the biggest need for these organizations.  For that reason, we offer every employee 8 hours of paid volunteer time each month, to serve our partners in a hands-on way in the community. Our volunteer team served Beyond Housing by painting a home for a very deserving family in need. At the Little Bits Foundation we worked in the warehouse where we sorted through donations that will be going out to the local schools. We also teamed up with Habitat for Humanity ReStore to organize and price items to help offset the cost of building homes for families in need.

At 1st Financial, we want you to know that when you invest your money in one of our checking accounts or auto loans, you’ve done more than give yourself a low-cost banking product. You’ve also invested in the future success and continued change in the communities that you love.

Where you bank really does matter!


Making an Impact in 2019

1st Financial Federal Credit Union is more than just a banking institution. Like all credit unions, we were created with a philosophy of ‘People Helping People’. This means we have the pleasure of being more than just a checking account or auto loan service provider.  We are a not for profit financial institution, using our limited resources to change lives throughout the St. Louis and St. Charles communities. I have the pleasure to work hands-on with several ways we are making an impact in our communities.

Helping People 1st Grant: We have created community development programs that offer small monthly grants to nonprofits and government programs which are focused in the areas of providing sustainable housing, job training, and education to our communities.  These are the areas we see our members having some of the largest hurdles for financial success and it is our desire to use our limited resources to assist our community to overcome and succeed in each of these capacities. So far, this first quarter we have served, Connections to Success, Mission: St. Louis and Urban League of Metropolitan St. Louis. We have been able to grant $1,500 to help assist individuals at each of these nonprofits.

Volunteer Days: As part of our commitment to the community, we offer financial resources to our local nonprofits focused on education, job training, and sustainable housing.  We also know that financial resources are not always the biggest need for these organizations.  For that reason, we offer every employee 8 hours of paid volunteer time each month, to serve our partners in the community. I was given the wonderful opportunity to work directly with each of our community partners throughout the first quarter. We assisted Connections to Success with organizing donations and assisting with their office work. Mission: St. Louis allowed us to come in and paint a classroom that will serve individuals in St. Louis. We also teamed up with Mad City Money to work with Hazelwood West High School students in a hands-on financial reality fair that help prepared students for their financial future.

Million Dollar Challenge: Our mission at the credit union is to make and save our members money. In 2019, it’s our goal to make and save our members a combined One Million Dollars by refinancing existing loans at a better rate with lower payments, make money with rewards checking, and grow money with high yield savings. As of April 1st, we have been able to save our members $267,623 for far this year.

#YouDidThat: We couldn’t do what we do without the support of our members. As a cooperative that started more than 50 years ago to provide banking services in a way that promoted sharing, trust and cooperation, we are so proud of what you have helped us become. Investing in 1st Financial is about more than your checking account, it’s a way to leverage your investment into affecting real and lasting change in some of the most under-served communities in St. Louis. #YouDidThat

At 1st Financial, we want you to know that when our members invest their money in one of our checking accounts or auto loans, they have done more than give themselves a low-cost banking product. They have also invested in the future success and continued change in the communities they love. Make where you bank matter!

Be the Difference,

Chelsea Springli


Reflecting on 50 Acts of Cooperation

I say this all the time… I have the best job ever!  This year, we’ve been celebrating our 50th anniversary with 50 Small Acts of Cooperation. 50 Acts of Cooperation was born out of the idea that when we work together we can accomplish great things. I’m grateful that I’ve had the opportunity to help make each of our 50 Acts come to life. Here is a look back at just a few of my favorite Acts of Cooperation.

Community Gas Act: Just last month, we went to a gas station near our St. Charles branch and bought gas for some lucky people in our community. The expressions on their faces were priceless, but one lady really stood out to me that day. You see she had been hit pretty hard by life lately. That afternoon she decided to pull off into the gas station to grab some gas and take a minute for herself. When we walked up to her vehicle her eyes were closed so we quietly tapped on the glass and asked if we could buy her gas. Immediately she began to cry and tell us how much our small Act meant to her. I was taken back by her emotions and just felt overwhelmingly grateful to be a part of this mission of giving back.

Our members doing great things in the community: I was given the wonderful opportunity to help make the 50 Acts of Cooperation program come to life. Every time a nomination came in, I was blown away by the good things that our members were doing in the community like feeding the homeless, organizing donations drives, and more. It only takes one small act of kindness to start a chain reaction in our community. That’s what cooperation and community looks like.

Volunteers make all the difference: Through the 50 Acts of Cooperation, my team and I served our community through volunteerism 11 times throughout the year. Everything from organizing school supplies to walking dogs and even being able to be a teacher for a day through Junior Achievement. It’s so rewarding to work for a company that not only gives back the community and allows us 8 hours of paid time off each month to serve our community hands-on.

50 Years of Dedication: Over the years, 1st Financial’s name has changed to reflect the growth of our community. However, today, my credit union has served hundreds of thousands of people in our community by providing them with important financial products and services. I am thankful for the dedication of our members, our community partners, and our employees who have shaped my credit union over the past 50 years. Without all of you, 1st Financial would not be what it is today.

Through the 50 Acts of Cooperation, we’ve completed 11 nonprofits acts, 11 volunteer acts, 16 member nominated acts, 8 1st Financial Department nomination acts and 4 community acts of cooperation. 2018 was a year that showcased our commitment to the community, I’m so excited to see what 2019 brings us.

Here’s to 50 more years,

Chelsea Springli


1st Financial Launches New Online Learning Center for Adults

Wentzville (October 30, 2018) – 1st Financial Federal Credit Union announces the launch of an interactive, online financial education tool through their new partnership with the nation’s leading education technology innovator, EVERFI, Inc. The program is available as a complimentary resource to help 1st Financial members learn how to manage their finances and plan for the future.

According to Bankrate, 63% of Americans do not have enough money saved to cover a $500 emergency.

1st Financial is committed to empowering their members with the skills they need to change this trend and thrive financially.

The new Online Learning Center offers an assortment of adult financial education learning topics, with subjects including building emergency savings, mortgage education and retirement planning. Each learning topic is 3-10 minutes in length and is designed to encourage participants to build financial confidence via a series of interactive activities. The mobile and tablet-friendly program is available in English and Spanish.

“As a trusted credit union, 1st Financial believes that financial capability is and must be within reach for all consumers and communities, regardless of their financial means,” said 1st Financial Vice President of Marketing and Community Presence, Laura Woods.

To learn more about 1st Financial’s Online Learning Center, visit https://1stfinancialfcu.everfi-next.net/

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

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About 1st Financial Federal Credit Union

Established in 1968, 1st Financial Federal Credit Union is full-service financial cooperative whose mission is to improve the financial well-being of its members. With assets exceeding $250 million, 1st Financial serves more than 34,000 members.  For more information about 1st Financial Federal Credit Union, visit www.thebetterwaytobank.org.

About EVERFI

EVERFI is the leading education technology company that provides learners of all ages education for the real world, through innovative and scalable digital learning. EVERFI powers community focused financial education for 750 financial institutions across the country.  Some of America’s leading CEOs and venture capital firms are EVERFI investors including Amazon founder and CEO Jeff Bezos, Google Chairman Eric Schmidt, Twitter founder Evan Williams, TPG Growth, The Rise Fund, Advance Publications, and Rethink Education, and Rethink Impact.  Learn more at EVERFI.com


1st Financial Federal Credit Union Hosted Free Shred Day Event

Wentzville (April 25, 2018) – 1st Financial Federal Credit Union hosted a free Shred Day community event on Saturday, April 21 at their Wentzville and Hazelwood branches.

1st Financial teamed up with the local The Shred Truck Company to provide 1st Financial members and the community with the opportunity to shred personal documents. More than 150 people brought items to be shredded; totaling over 10,000 pounds of documents.

“We’re happy to provide security services like this for our members and the community.  In an age when protecting your personal information is both a challenge and a requirement, we’re glad to be part of the solution,” said Laura Woods, Vice President of Marketing & Community Presence at 1st Financial Federal Credit Union.

1st Financial is dedicated to the financial well-being of their membership including educating the community about the importance of identity theft protection. For more information about 1st Financial visit, www.thebetterwaytobank.org.

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About 1st Financial Federal Credit Union

Established in 1968, 1st Financial Federal Credit Union is full-service financial cooperative whose mission is to improve the financial well-being of its members. With assets exceeding $250 million, 1st Financial serves more than 34,000 members.  For more information about 1st Financial Federal Credit Union, visit www.thebetterwaytobank.org.


1st Financial Federal Credit Union to Host Free Shred Day Event

1st Financial Federal Credit Union Free Shred Day 2018

Wentzville (March 22, 2018) – 1st Financial Federal Credit Union is hosting a free Shred Day community event on Saturday, April 21, from 9 a.m. to Noon at two local branches.

1st Financial Shred Day locations include:

  • Hazelwood Branch – 5916 North Lindbergh Hazelwood, MO 63042
  • Wentzville Branch – 1232 Wentzville Pkwy Wentzville, MO 63385

The Shred Truck company has been contracted to shred the documents on onsite. Shred Truck is a certified document shredding company that provides mobile on-site document shredding services throughout the greater St. Louis metropolitan area.

This community-wide event is free and open to the public.

For more information, please contact 636-916-8300 or visit www.thebetterwaytobank.org.

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About 1st Financial Federal Credit Union

Established in 1968, 1st Financial Federal Credit Union is full-service financial cooperative whose mission is to improve the financial well-being of its members. With assets exceeding $250 million, 1st Financial serves more than 34,000 members.  For more information about 1st Financial Federal Credit Union, visit www.thebetterwaytobank.org.


1st Financial Federal Credit Union Celebrates Ribbon Cutting in St. Charles

Posed Ribbon Cutting Pictures with all in attendance in front of new St. Charles branch.

Pictured above cutting the ribbon (in the middle, from left to right) are: St. Charles Mayor, Sally Faith; 1st Financial CEO, Carol Minges; St. Charles Branch Manager, Chuck Holmes; and 1st Financial Chairman of the Board, Jim Combs. They are surrounded by: 1st Financial Board Members, Paul Sikorski, Victoria Reed, Bo Setzekorn, and Gina Hakenewerth; as well as many 1st Financial staff members and friends.

St. Charles, MO (October 23, 2017) – 1st Financial Federal Credit Union, recently held a ribbon cutting ceremony celebrating the completion of their new branch located at 1721 Zumbehl Road in St. Charles.

The new full-service branch has been assisting members with their daily banking transactions as well as loans, investment services, and commercial accounts. There is also a 24-hour ATM, convenient drive-thru service and a night depository at the branch.

1st Financial has four locations in the St. Louis area, but is also connected to a nationwide network of credit unions, extending our members access to 30,000 surcharge-free ATMs and 5,000 Shared Branch locations.

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

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Pictured below raising the American flag: 1st Financial observed the completion of the new Zumbehl Road branch with a flag-raising ceremony at the ribbon cutting event. Members of the American Legion Guard of Honor Post 313 joined the 1st Financial staff as they raised the flag.

Members of the American Legion Guard raise the flag.
Members of the American Legion Guard of Honor Post 313 joined the 1st Financial staff as they raised the flag.

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 members4 and over $220 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. For more information, please visit TheBetterWayToBank.org.


Connecting People to Success through Partnership

Employees volunteering at Connections to Success

Photo Above: 1st Financial Federal Credit Union Employees working hands on with Connection to Success at their volunteer day.

Wentzville, MO (October 17, 2017) – 1st Financial Federal Credit Union served Connections to Success of St. Charles in September as a part of its Helping People 1st grant program.

1st Financial created the Helping People 1st grant to assist non-profit organizations that are focused on housing, financial literacy, job training, or educational efforts in the St. Louis area. In September, the Wentzville Branch continued this support by working with Connections to Success of St. Charles County.

Connections to Success is a local organization which provides services and support to break the cycle of poverty. The organization serves to empower people that are transitioning from poverty, incarceration, and domestic violence to economic independence.

1st Financial presented a check to Connections to Success in the amount of $643 and 5 employees volunteered for a total of 40 volunteer hours in September.

Miranda McDuffie, a 1st Financial employee who spent the day volunteering at Connections to Success said, “Connections to Success is an organization with a big heart. Not only do they educate people on workforce development, and provide them with clothing to interview; but they connect with people on an emotional level as well. From starting the morning with a circle of gratitude to ending the day with an employee taking one of their participants to the bus stop they truly emit caring in all that they do”.

1st Financial Federal Credit Union is a Community Development Financial Institution (CDFI) and was honored with the 2016 Community Credit Union of the Year award by the Credit Union National Association (CUNA).

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

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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 over $220 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. For more information, please visit TheBetterWayToBank.org.