1st Financial Federal Credit Union Supports 9,000 Local Students

employees volunteering

Photo: 1st Financial Employees volunteering at the KidSmart Warehouse.

Wentzville, MO (August 27, 2019) – 1st Financial Federal Credit Union, a not for profit community development financial institution recently volunteered at KidSmart Tools for Learning by packing school supply bags for 360 teachers that will directly impact 9,000 students in need in the St. Louis Area

1st Financial Federal Credit Union is a local Community Development Financial Institution (CDFI) that is focused on serving the community through education, job training, and sustainable housing resources. 1st Financial has donated $3,500 and 296 volunteer hours to local not for profits year-to-date in 2019.

KidSmart Tools for Learning is a local nonprofit that opened in 2002 and is continuously growing every day. Donations from individuals and businesses help keep the shelves of KidSmart’s Free Store stocked with everything from crayons, markers and glue. Community volunteers stock the shelves, manage inventory and keep the free store running each shopping day.

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. Membership is available to anyone who lives, works, or worships within St. Charles county, St. Louis county, or the City of St. Louis.  For more information about 1st Financial Federal Credit Union, visit www.thebetterwaytobank.org.


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


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


Local Credit Union Volunteers with KidSmart to Help Serve Teachers with Students in Need Throughout the St. Louis Area

1st Financial Federal Credit Union employees present check and school supplies to KidSmart.

Photo: (From left to right) Melinda Klocke, Financial Service Representative for 1st Financial Federal Credit Union Hazelwood Branch, Shannon Richards, Director of Operations for KidSmart – Tools for Learning, Tanya Forsythe, Branch Manager for 1st Financial Federal Credit Union Hazelwood Branch.

Wentzville, MO (September 15, 2017) Local Credit Union Volunteers with KidSmart to Help Serve Teachers with Students in Need Throughout the St. Louis Area.

1st Financial Federal Credit Union is a local Community Development Financial Institution (CDFI) that is focused on serving the community with education, job training, and sustainable housing resources. In August, 1st Financial partnered with KidSmart Tools for Learning to raise awareness, volunteer, and host school supply drives throughout the St. Louis area.

The credit union presented KidSmart with school supplies and $1,000.83 on September 14.  This donation was made possible through 1st Financial’s monthly Helping People 1st grant, the fundraising efforts of 1st Financial’s Hazelwood branch, and the generosity of 1st Financial members and staff.

KidSmart Tools for Learning is a local nonprofit that opened in 2002 and is continuously growing every day. Donations from individuals and businesses help keep the shelves of KidSmart’s Free Store stocked with everything from crayons, markers and glue. Community volunteers stock the shelves, manage inventory and keep the free store running each shopping day.

On, August 29, 1st Financial Federal Credit Union employee volunteers volunteered at KidSmart’s Free Store. Eleven 1st Financial employees spent the day organizing school supplies and assisting teachers with supply shopping.

Tanya Forsythe, 1st Financial Branch Manager of the Hazelwood location, organized the fundraising efforts throughout August.

“The employees at 1st Financial enjoyed partnering with KidSmart. The Hazelwood branch hosted a bake sale, a plant sale, a book sale and one of our tellers even made homemade eggrolls to help raise additional funds!” said Forsythe. “We truly appreciate our relationship with KidSmart and are excited to give back to our community.”

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 that was chartered in 1968. 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. 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. 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.


1st Financial Partners with St. Charles City-County Library Foundation

Employees present check donation to City County Library Foundation at the St. Charles Branch.

Photo: (Left to Right) Toni Gaskin, Lead Teller for 1st Financial, Joe Krebs, Treasurer of the Friends of the Library annual Book Fair, Chuck Holmes, Branch Manager of the St. Charles 1st Financial, and Erica Land, with the St. Charles City-County Library District.

St. Charles, MO (August 28, 2017) – 1st Financial Federal Credit Union, a Community Development Financial Institution (CDFI), focused on serving the community with education, job training, and sustainable housing resources, has partnered with St. Charles City-County Library Foundation.

The St. Charles City-County Library Foundation, has a “focus on community outreach, early literacy and lifelong learning.”

1st Financial Federal Credit Union, through their Helping People 1st Grant program, awarded a grant of $713 to St. Charles City-County Library Foundation. The St. Charles Branch of 1st Financial Federal Credit Union also hosted a month-long book drive and were able to collect over 100 books for the Foundation. Along with the grant and book donations, ten employees spent about eight hours organizing thousands of books for the Annual Book Fair.

Joe Krebs, Treasurer of the Friends of the Library annual Book Fair, and proud supporter of St. Charles City-County Library Foundation, stated, “Our sincere appreciation to 1st Financial for their support of the Friends of the Library at our annual Book Fair again this year. The hands-on efforts of your volunteers at the Book Fair and your generous financial support will greatly assist us in our meeting our goals in support of the St. Charles City-County Library District.”

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
Like all credit unions, 1st Financial is a member-owned, financial cooperative that was chartered in 1968. 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. 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. Deposits are federally insured by the National Credit Union Administration (NCUA), an agency of the U.S. Government. For more information, please visit www.thebetterwaytobank.org.


1st Financial Provides Financial Literacy Courses to 24-Hour High School

Slate 24 Hour High School GraduationSt. Louis, MO (April 20, 2017) – 1st Financial Federal Credit Union is proud to support the St. Louis Agency on Training and Employment’s (SLATE) 24-hour high school, known as Workforce High School, through financial empowerment courses.

Workforce High School (WHS) offers young adults 24/7 access to education mentorship, financial empowerment, and holistic case management services so that they can complete their high school education.  The 24-hour school is for young adults, ages 17-21, which previously dropped out of high school. Currently, it is the only high school in the country offering 24/7 access to high school education.

1st Financial’s Financial Literacy Coordinator, Ted Thornton, is teaching financial literacy classes to SLATE and Workforce High School youth.

“There is no better feeling than giving back to our youth,” said Thornton. “Knowing that I am leading these young adults to a better future by giving them the tools they need to manage their money… it’s priceless,” said Thornton.

“Financial literacy is a very important component of the Workforce High School,” said Dr. Alice Prince, SLATE’s Youth Division Manager. “Not only does our school aim to educate our students academically and professionally, but our goal is to create holistic and well-rounded students who leave our program ready and equipped to conquer the world.”

1st Financial, a Community Development Financial Institution (CDFI), has a comprehensive community outreach program that focuses on housing, financial literacy, and job training.

For more information about SLATE and the Workforce High School, visit www.stlworks.com.

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

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 www.thebetterwaytobank.org.

 


1st Financial Federal Credit Union Member is Awarded the “Your Community 1st” Grant

Employment ConnectionSt. Louis, MO (April 19, 2017) – On April 6, 1st Financial Federal Credit Union awarded 1st Financial member, Lisa Cross-Shelton, the “Your Community 1st” grant.  The $500 grant will be used to support the mission of local nonprofit, Employment Connection.

Employment Connection offers resources, training, and support to people who are currently facing barriers to employment. Their program empowers their clients by providing resources to transportation, business apparel, and documentation for employment and housing.

Brenda Mahr, CEO of Employment Connection, said “Many of our clients are diligently trying to obtain employment; however they lack the resources and support to alleviate the challenges that are impeding their progress. Some of these roadblocks are as simple as not having a copy of their high school diploma or shoes to wear to a new job. Compounded, these small setbacks increase stress which can delay an individual’s progress. With the help of career and housing specialists, Employment Connection can assist with some of these obstacles to ensure the client’s success.”

Each quarter, one 1st Financial Federal Credit Union member receives a $500 donation from the credit union to be used towards a need or organization that focuses on financial growth in the areas of housing, financial literacy, or job training.

“We work hard to find nonprofit organizations that are strategically helping with jobs, housing, and financial literacy because we want to strengthen our community,” said Tracy Verner, Community Development Manager for 1st Financial.  “The Your Community 1st grant helps us develop new partnerships with passionate individuals who fill a need in the community.”

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

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

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 www.thebetterwaytobank.org.


1st Financial Presents Grant Check to Local Nonprofit LaunchCode

LaunchCodeSt. Louis, MO (April 14, 2017) – 1st Financial Federal Credit Union recently presented a check in the amount of $710.24 to LaunchCode, a local nonprofit, as part of their Helping People 1st grant.

LaunchCode, a nonprofit organization based out of St. Louis, places aspiring technologists in apprenticeships and jobs in technology throughout the country. LaunchCode’s program provides courses, educational resources, career coaching, mentorship, apprenticeship and job placement.

“1st Financial Federal Credit Union’s generous donation helps us continue to provide accessible tech education and training for our community,” said Mark Bauer, Executive Director of LaunchCode. “We look forward to reaching new milestones thanks to the support of this great community partner.”

1st Financial created the Helping People 1st grant in 2014 as part of community outreach program. Each month, one 1st Financial branch awards a $500 Helping People 1st grant to a nonprofit organization that focuses on housing, financial literacy, or job training.

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

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

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 www.thebetterwaytobank.org.


Enhancing Classrooms with Donated School Supplies

1st Financial helping People 1st kidSmartFlorissant, MO (March 31, 2017) – KidSmart and 1st Financial Federal Credit Union, a Community Development Financial Institution (CDFI), combined forces to deliver school supplies to Wedgwood Elementary School in the Ferguson-Florissant School District on March 17, 2017.

KidSmart is a local St. Louis non-profit organization that planted its roots in 2002 and has grown exponentially. The organization’s mission is to ensure students and their classrooms in the Greater Metropolitan St. Louis have the basic necessities and learning tools they need to learn and grow.1st Financial helping People 1st kidSmart image 2

1st Financial was invited by KidSmart to help deliver school supplies to all classrooms at Wedgwood Elementary School. Over 20 boxes of school supplies were delivered to the teachers by 1st Financial volunteers. Each delivery was met with huge smiles and pure excitement from the children. 1st Financial was able to volunteer over 40 hours to the school that day, including some members with youth accounts at the credit union.

“I am very thankful that KidSmart invited 1st Financial to be a part of their school supply drop off event!  We had so much fun delivering boxes of school supplies to Wedgwood Elementary School! Being able to see the smiles and excitement on the kids and teachers faces as we brought supplies to each classroom was so rewarding!” said, Tanya Forsythe, Hazelwood Branch Manager.

1st Financial helping People 1st kidSmart image 31st Financial Federal Credit Union is a Community Development Financial Institution (CDFI) and was awarded the 2016 Community Credit Union of the Year by Credit Union National Association (CUNA). 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

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 www.thebetterwaytobank.org.


Second College Kids Family Savings Night Proves to be Successful

1stFin_collegeSavingsNight_groupKidsSt. Louis, MO (March 30, 2017) – 1st Financial Federal Credit Union partnered with the St. Louis Office of Financial Empowerment and the City of St. Louis Treasurer, Tishaura Jones, for their second College Kids event of the year on March 14, 2017 at the Downtown 1st Financial branch.

College Kids is a program providing children’s savings accounts for every single kindergartner and first grader in a public or charter school in the City of St. Louis. When a child enters Kindergarten, these accounts are opened at 1st Financial, automatically, with a $50 deposit from St. Louis City Treasurer’s Office to jump start their savings.

This was the fifth College Savings Night event hosted by 1st Financial since the launch of the program in 2015.

The children and their families were treated to pizza and were able to make a deposit into their accounts at 1st Financial. As a bonus, 1st Financial also deposited a $20 scholarship into each child’s account who attended the event. The children were encouraged to submit a quick 60 second video about their future education and dream job. One entry will be awarded a $500 scholarship from 1st Financial.

Treasurer Tishaura Jones spoke to the crowd of about 40 families and encouraged them to keep saving. She and the Office of Financial Empowerment staff were there to meet the families and answer any questions about the program.

$1,254 in family deposits were made that evening, not including the scholarship deposits made by 1st Financial.

“College Kids Family Savings Night at the Credit Union is one way we not only serve the kids who are excited about saving for college, but we are able to help each family more holistically as well. Some of our College Kids families lack banking resources and we seek to change that. At every Family Savings Night we offer College Kids families free credit reviews. On average, we have about seven parents or grandparents sign up for an appointment to have their credit report reviewed and to develop a strategy to build or repair. If our College Kids families can improve their overall financial situation they’re more able to help their College Kids dreams come true,” stated Tracy Verner, Community Development Manager at 1st Financial.

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

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 www.thebetterwaytobank.org.