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.


Connecting People to Success through Partnership

IMG_3659St. Charles, Missouri – 1st Financial Federal Credit Union served Connections to Success of St. Charles in January 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 education efforts in the St. Louis area. In January, the Wentzville Branch continued this support by working with Connections to Success of St. Charles County.

“1st Financial continues to be a strong partner. We are so grateful for the ways they are positively impacting the local families we serve through volunteerism and financial investments, like this grant,” stated Mary Lambert, Chief Executive Officer Co-Founder, of Connections to Success.IMG_3627

Connections to Success, is a local organization which provides services and support to break the cycle of poverty. The organization serves people transitioning from poverty, incarceration, domestic violence, and other complex situations. The program’s main goal is to empower individuals through their transformation to economic independence by creating a program that meets the program participants where they currently are in life.

1st Financial presented a check to Connections to Success in the amount of $997.47 which was made up of a $500 grant plus additional funds from 1st Financial employees fundraising efforts.

“Connections to Success is a non-profit organization that I feel very strongly about. They strive to work to break the cycle of poverty. Their mission is gives people hope, resources, and a plan. Volunteering at this organization was inspirational and continues to be an inspiration because of their passion to help people in our own communities” stated Pat Johnson, Wentzville Branch Manager of 1st Financial.

1st Financial also had the privilege of volunteering 10% of their workforce at Connections to Success for a total of 80 volunteer hours.

1st Financial Federal Credit Union is known as 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 product s 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.


Urban League Receives Grant From 1st Financial

IMG_3536Ferguson, MO – 1st Financial Federal Credit Union’s Hazelwood branch awarded $500 to the Urban League’s Save Our Sons program in December as part of their Helping People 1st Grant.

Save Our Sons provides education and job training to men who live in Ferguson and surrounding St. Louis County communities. The program’s goal is to develop career-skills and a strong work ethic to become successful in today’s workforce. Since its inception in 2014, they have helped more than 300 men find jobs.

“This program isn’t for everyone, but it is for anyone who a propensity to believe in themselves. Save Our Sons is a program like no other which has been custom-designed to save those who are willing to be saved. In the nearly century old tradition of the Urban League of Metropolitan St. Louis, we aim to economically, educationally, politically, and socially empower all participants who receive our services,” said Jamie Dennis, Director of Save Our Sons.

“The Hazelwood branch was honored to bring awareness to our members about Urban League: Save our Sons. This is an organization right in our very own community helping people find opportunities to improve their quality of life,” stated Tanya Forsythe, Hazelwood Branch Manager.

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 34,000 members and $215 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.


1st Financial and Bruce Franks Empower Local Youth

bruce1St. Louis, MO – “There are so many challenges and barriers in the world; it’s going to take unity to better our environment,” said Bruce Franks, Missouri State Representative.

1st Financial Federal Credit Union, a Community Development Financial Institution (CDFI), awarded their quarterly community grant to 1st Financial member, Bruce Franks, to support his efforts to strengthen the community through youth empowerment and economic growth through 28 to Life.

“28 to Life is dedicated to bringing out the Super Hero in everyone, especially our youth,” said Franks. “Super Heroes do two things: they save those who don’t want to be saved, and they often save those who didn’t know they needed to be saved.”

In 2015, 28 to Life started as a gun-violence prevention organization. Today, the organization has shifted focus to mentoring, job development, education, and the financial empowerment. The organization has helped over 2,000 young people in St. Louis.

With the $500 Community Grant, Franks plans to use the money to host their first teen summit in 2017. This summit is a series that will bring together youth, local law enforcement, community partners, and community leaders.

“The Summit serves as a tool to bridge gaps between the youth and law enforcement, as well as activist and politics,” said Franks.

“Our community grant empowers our members with a financial investment to use toward their good work. Bruce is undertaking work that truly embodies the Credit Union philosophy of people helping people! Bruce’s efforts as the founder of 28 to Life and 1st Financial’s community development activities intersect often so I can appreciate first-hand the impact the grant money will make,” said Tracy Verner, Community Development Manager at 1st Financial Federal Credit Union.

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 34,000 members and $215 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.


1st Financial Federal Credit Union Wins Community Credit Union of the Year

Tracy, Carol, & Laura. Wentzville, MO – 1st Financial Federal Credit Union was awarded the 2016 Community Credit Union of the Year Award of Community Development Credit Unions by CUNA in Dallas, TX.

1st Financial a $222 Million Community Development Financial Institution (CDFI) credit union, operates four branches in Missouri: Wentzville and St. Charles in St. Charles County, Hazelwood in St. Louis County and Washington Ave, in the heart of the City of St. Louis.

CDFI’s are known for their investments made within the community. One of the many goals of a certified CDFI is to have a mission to guide economic opportunity and renew local neighborhoods. With only 1,000 CDFI’s existing, 1st Financial Federal Credit Union is proud to be a part of that number.

Todd Spiczenski, CUNA Chief Products and Services Officer, said, “They, along with all of our 2016 entrants, show how Credit Unions that are fully devoted to the principle of People Helping People can make a difference in the financial lives of, not only, individuals, but also their communities as a whole.”

While it is improving, St. Louis is known as one of the most unbanked cities in the nation. Financial institutions, like 1st Financial Federal Credit Union, work to give members of the community access to financial products and services, while establishing strong partnerships for a more strategic and sustainable outcome.

St. Louis City Treasurer, Tishaura Jones and 1st Financial Federal Credit Union have strategically partnered to implement programs that work on job training and education in St. Louis City.

“My office has made a commitment to invest in the future by providing college savings accounts for every kindergartener in a public school throughout the City of St. Louis,” said Jones. “Our partnership with 1st Financial Federal Credit Union allows parents and family members to make deposits into the savings accounts at any shared branch location. Together, we are eliminating barriers to college access one savings account at a time.”

Statistics show that children with balances as low as $1 in a dedicated savings account are 2.5 times more likely to enroll in and graduate from college than students with no previous savings. 1st Financial has opened over 2,800 college savings accounts for kindergartners in St. Louis City public and charter schools.

Through the STL Youth Jobs program, 1st Financial has provided financial education and checking accounts for over 1,400 young adults between the ages of 16 and 24.

Strengthening the community is in the DNA of 1st Financial Federal Credit Union. 1st Financial created the Helping People 1st monthly grant program with the purpose of making a positive impact on the communities they serve. Each month, 1st Financial awards a $500 grant to a nonprofit focused on sustainable housing, job training, and education.

Since 2014, 1st Financial has given over $30,000 or 1.9% of net income, in grant money to local nonprofit organizations, such as Gateway 180, Urban League, Beyond Housing, KidSmart- Tools for Learning, Mission St. Louis, Junior Achievement, and Habitat for Humanity. Additionally, employees of 1st Financial are encouraged to volunteer with the nonprofits each month. Since the launch of Helping People 1st program, 1st Financial has given over 1,100 volunteer hours.

“1st Financial is humbled to receive this award and proud to be making an impact in our communities we serve,” said Carol Minges, CEO of 1st Financial Federal Credit Union. “At 1st Financial, we want you to know that when you invest your money in one of our checking accounts or auto loans, you have done more than give yourself a low cost banking product. You have also invested into the future success and continued change in the communities you love.”

For more information about 1st Financial Federal Credit Union, visit www.thebetterwaytobank.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 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.


1st Financial Federal Credit Union Announces New Vice President of Member Experience

Lone Callahan HeadshotWentzville, MO (December 30, 2016) – 1st Financial Federal Credit Union, a Community Development Financial Institution, (CDFI), has recently announced Lone Callahan as the Vice President of Member Experience.

Callahan joined 1st Financial in November to begin the transition of duties from Chief Operations Officer, Mary Jo Garofalo, who is retiring after 35 years of service.

Callahan has over 20 years of experience in the financial services industry with extensive knowledge of credit union branch management and retail delivery service. Her specialties include staff development, coaching, product and service strategies and implementation, and branch operations and sales. She has held the role of Vice President of Branch Operations and Compliance, most recently, at Harvester Financial Credit Union located in Indianapolis, Indiana.

“I’ve worked with Lone in the past and I’m confident that she has the leadership skills and experience necessary to lead our retail team through the many opportunities that lie ahead,” said Carol Minges, CEO of 1st Financial Federal Credit Union.

Beginning January 1, Callahan will assume full responsibility of overseeing the daily operations of 1st Financial’s call center and four local branches: Wentzville and St. Charles in St. Charles County, Hazelwood in St. Louis County, and Washington Ave, in the heart of the City of St. Louis.

“I am very much looking forward to working with our branches and members to find ways to create an even better experience at 1st Financial. I feel so fortunate to be a part of a credit union that is focused on making a difference in our community,” said Callahan.

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 34,000 members and $215 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.

 


1st Financial Announces Retirement of Chief Operations Officer after 35 Years at Credit Union

WENTZVILLE, MO (December 12, 2016) – 1st Financial Federal Credit Union, a Community Development Financial Institution (CDFI), recently announced the retirement of the Chief Operations Officer, Mary Jo Garofalo.

mary jo garafalo 1st financial

Garofalo began her career at 1st Financial as a part-time file clerk in 1981. Since then she has played many roles at 1st Financial including loan administrator, Visa program manager, branch manager, and vice president of operations.

In 2007, Garofalo assumed the role of chief operations officer at 1st Financial. She currently oversees the daily operations of their four local branches: Wentzville and St. Charles in St. Charles County, Hazelwood in St. Louis County, and Washington Ave, in the heart of the City of St. Louis.  She also oversees the contact center.

“Mary Jo has made a significant contribution to 1st Financial and her DNA has been woven into the very fabric of this organization,” said 1st Financial CEO, Carol Minges.  “We will miss her unfiltered words of wisdom, humor and unique view of life.”

With a career spanning three decades, Garofalo has witnessed the evolution of technology in the banking industry. From faxes to email and typewriters to computers, the business operations and the needs of the members have changed dramatically through the years.mary jo garafalo early years

Focused on staying competitive in the banking industry and being an advocate for all credit unions, Garofalo participated in introducing the idea of bringing credit union shared branching to Missouri. 1st Financial had the honor of being the first credit union in the United States to open accounts for other credit unions as part of the shared branch network. The shared branch network is now a nationwide network of more than 30,000 surcharge-free ATMs and 5,000 credit union shared branch locations.

Garofalo also spearheaded the introduction of many new products and services for 1st Financial members like mobile and online banking, mobile wallets, SnapDeposit, RollUp Savings, and instant issue debit cards.

“My career at 1st Financial has spanned over 35 years and I will miss that part of my life. However, I’m excited to start the next chapter and am looking forward to spending lots of time with my granddaughters,” said Garofalo.

“While we are thrilled for Mary Jo and her new found freedom it is difficult to see her go,” said 1st Financial Chief Lending Officer Michelle Rosner.  “She embodies what credit unions are about…she enjoys helping people.  Whether giving her managers the autonomy to grow their branches or giving life lessons in leadership, Mary Jo’s presence will be greatly missed.  We are a better credit union because of Mary Jo.”

Following Garofalo’s retirement, Lone Callahan, formerly the Vice President Branch Operations at Harvester Financial Credit Union in Indianapolis, will assume the title of vice president of member experience at 1st Financial.

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.

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.


1st Financial Federal Credit Union Volunteers at Local School

Wentzville, MO – 1st Financial Federal Credit Union, a Community Development Financial Institution (CDFI), recently volunteered at Heritage Primary Elementary School in Wentzville through Junior Achievement of Greater St. Louis.

In addition, 1st Financial also awarded $500 to Junior Achievement of Greater St. Louis through their monthly Helping People 1st grant.

1st Financial Junior Achievement check for $500

The partnership between 1st Financial Federal Credit Union and Junior Achievement of Greater St. Louis began three years ago.  1st Financial employees volunteered over 100 hours with the organization teaching children about financial education and what it takes to make a valuable community.

“1st Financial Federal Credit Union helps us bring fun, interactive, hands-on programs to students that exemplify the importance of work readiness, financial literacy and entrepreneurship while at the same time sharing their personal success stories and testimonies,” said Tracie Roberson, Junior Achievement Program Manager.1st Financial Junior Achievement Volunteers

“Junior Achievement of Greater St. Louis brings programs to more than 155,000 students throughout our service areas, and we are grateful that 1st Financial Federal Credit sponsors us financially and donates their time and talents in the classrooms. We look forward to many more years working together to inspire and prepare young people to succeed,” said Roberson.

1st Financial Federal Credit Union believes education is one of the fundamental foundations to achieving financial freedom no matter how young a person is. For more information about 1st Financial visit www.TheBetterWayToBank.org.