St. Louis Credit Union Celebrates Milestone for Million Dollar Giveback

Wentzville (July 23, 2019) –  1st Financial Federal Credit Union has announced a milestone of being halfway to reaching their goal to make and save $1 million for their 35,000 members throughout St. Louis and St. Charles County in 2019.  The 2019 “Million Dollar Challenge” began in January of this year and aims to put as much money as possible in the hands of the people who bank at 1st Financial.

Since the inception of the challenge, 1st Financial has given away more than $38K in checking account interest, $12K in savings interest, $3K in ATM fee refunds, $2K in debit card cashback and $18K in other reward checking refunds and interest.  Additionally, they have refinanced more than 309 loans from other lenders, with an average savings of $1,300 in interest payments per loan, for a reduction in loan interest payments of more than $400K for their members.

“The challenge is simple really. We want to save and make our members money and the Million Dollar Challenge is a fun way to do it. I’m excited to announce that as of July 1, our members have earned $565,128!” said Carol Minges, 1st Financial CEO.

Members of 1st Financial can make up to $600 per year in free reward checking bonuses and earn up to 16 times the national average in savings interest, as well as huge reductions in loan interest on auto loans with refinancing.  To learn more about becoming a 1st Financial member and the Million Dollar Challenge visit www.TheBetterWayToBank.org.

Each of the 1st Financial branches in St. Louis, Hazelwood, St. Charles and Wentzville will be celebrating this milestone over the coming weeks with free refreshments and giveaways. Come celebrate on Friday, August 16th with their halfway to a million milestone.

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.

 

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St. Louis Credit Union Named a Best Place to Work

Wentzville, MO (July 23, 2019) – 1st Financial Federal Credit Union, a not for profit community development financial institution serving people throughout St. Louis and St. Charles County, was recently awarded a 2019 Top Workplaces honor by the St. Louis Post-Dispatch.

The Top Workplaces winners are picked based solely on employee feedback gathered through a third-party survey measuring several aspects of workplace culture, including alignment, execution, and connection, just to name a few. The just over 100 employees of 1st Financial chose the credit union as a top workplace, citing a higher sense of purpose and integrity in the work they do, as a primary reason.

Carol Minges, 1st Financial CEO said, “Our employees are the key reason for our success. I’m grateful to work with such a passionate team of employees who believe in our vision to help our members achieve their financial dreams.”

On top of being a member-owned financial cooperative which exists to serve their community, 1st Financial provides a competitive employee benefits package including health insurance, employer-paid life insurance, retirement savings 401(k) with employer match, paid vacation, and 10 paid holidays. Plus, a paid birthday holiday, wellness program, gym membership subsidy, tuition reimbursement, employee assistance program, employee loan program, paid time off to volunteer in the community each month, and development opportunities.

“Top Workplaces put the employee at the center of things and focuses on creating the right environment to unleash potential and inspire performance,” said Doug Claffey, CEO of Energage, the Post-Dispatch’s research partner for Top Workplaces.

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 a 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.


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 Wins Industry Marketing Award

Photo Above: (left to right) Chelsea Springli, Marketing Coordinator; Tracy Verner Community Development Manager; Laura Woods, Vice President of Marketing and Community Presence; Andrew Potts, Creative Marketing Designer; Katie Tucker, Marketing Communications Manager.

Wentzville (May 1, 2018) – 1st Financial Federal Credit Union, was recently honored with a Diamond Award, which recognizes outstanding marketing and business development achievements in the credit union industry.

The award was presented by the Credit Union National Association (CUNA) Marketing & Business Development Council, a national network comprised of over 1,300 credit union marketing and business development professionals.

1st Financial Federal Credit Union won the Direct Mail category for its New Member Welcome campaign. The New Member campaign includes a letter with all of the pertinent information that the member needs to know about their new account as well as a New Member Guide to help them take advantage of everything that a credit union membership has to offer. New members also receive an email with a video from the credit union CEO and a phone call from a local credit union branch manager to answer any questions that they might have.

“We’re thrilled to be recognized for our New Member Welcome campaign by CUNA,” said Laura Woods, VP of Marketing and Community Presence. “We understand how important first impressions are and that the first 90 days at the credit union are the most critical in the member’s journey and we work hard to educate and inform our new members.”

For more information on the Diamond Awards or to view the entire list of winners, go to www.cunacouncils.org/awards.

For more information about 1st Financial Federal Credit Union, please 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 CUNA Marketing & Business Development Council

The CUNA Marketing and Business Development Council is a member-led community of marketing and business development professionals dedicated to providing relevant resources and tools essential for success to its members. The CUNA Marketing and Business Development Council is one of seven CUNA Councils, a network of thousands of credit union professionals nationwide. For more information, visit www.cunacouncils.org.


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.


First Credit Union in MO to Partner with Carvana

1st Financial Logo Blue

 

ST. LOUIS (March 15, 2018) — Carvana, a leading e-commerce platform for buying used cars, and 1st Financial Federal Credit Union, a Missouri-based credit union with over $220 million in assets, today announced a partnership to provide 1st Financial members with a simple, affordable, and convenient car buying solution. 1st Financial is the first credit union in Missouri to partner with Carvana.

The partnership will offer 1st Financial’s more than 34,000 members access to Carvana’s expansive inventory of company-owned, high quality used vehicles, combined with the credit union’s low-rate financing. Members can now easily apply their 1st Financial approvals to Carvana vehicles and enjoy the benefits of a completely seamless online buying process that allows members to have their cars delivered as soon as the next day.

“Our partnership with Carvana is just another example of our commitment to giving members the best products and services to meet their needs. In today’s market, we understand that time is our biggest commodity and what better way to save time then buying your car online? We can’t wait to help our members take advantage of it.” said Michelle Rosner, Chief Lending Officer at 1st Financial.

All 10,000+ vehicles on Carvana.com are Carvana Certified and have passed a rigorous 150-point inspection with all features, imperfections and updated information about open safety recalls listed on the car’s vehicle description page. Financial members also have access to Carvana’s 100-day/4,189-mile limited warranty, as well as its 7-day money back guarantee, which enables customers to return their vehicle and receive a full refund. Auto buyers also receive a free CarFax from Carvana.

For more information on purchasing a car through Carvana, 1st Financial members can visit: https://www.carvana.com/1stfinancial.

For more information about 1st Financial Federal Credit Union, 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 Carvana
Founded in 2012 and based in Phoenix, Carvana’s (NYSE: CVNA) mission is to change the way people buy cars. By removing the traditional dealership infrastructure and replacing it with technology and exceptional customer service, Carvana offers consumers an intuitive and convenient online automotive retail platform. Carvana.com enables consumers to quickly and easily buy a car online, including finding their preferred vehicle, qualifying for financing, getting a trade-in value, signing contracts, and receiving delivery or pickup of the vehicle from one of Carvana’s proprietary automated Car Vending Machines. For further information on Carvana, visit www.carvana.com.


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.