1st Financial Groundbreaking in St. Charles

St. Charles branch groundbreaking ceremony
Pictured Left to Right: Mary West, St. Charles Ward 4 Alderman; Mary Jo Garofalo; Sally Faith, St. Charles Mayor; Michelle Rosner; Lone Callahan; Bob Rutkowski; Paul Sikorski, Carol Minges; Jim Combs; Dave Franke; Robyn Whalen; Brad La Macchia; and Steve Broadbent.

St. Charles, MO (March 9, 2017) – 1st Financial Federal Credit Union officially broke ground on their new branch located in the heart of St. Charles, Missouri on March 1.

1st Financial will relocate their St. Charles branch to 1721 Zumbehl Rd, St. Charles, MO 63303 in late 2017. The branch will be built by the professional team at La Macchia Group, LLC, a Milwaukee-based firm that specializes in financial institutions. Construction will take approximately 6 months to complete.

Community leaders, 1st Financial employees, and 1st Financial members were invited to attend the groundbreaking ceremony. St. Charles City Mayor, Sally Faith, and Ward 4 Alderman, Mary West, participated in the ceremony. Shelley Barr, 1st Financial member for over 20 years, attended the groundbreaking event and shared what 1st Financial has meant to her and the personal relationships she’s built through the years at 1st Financial.

During the construction phase, there will be no interruption of member service at the credit union’s current St. Charles branch location on Hwy 94.

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.


New St. Charles Branch Groundbreaking Scheduled for March 1

St. Charles, MO (February 13, 2017) – 1st Financial Federal Credit Union is breaking ground on a new credit union branch in St. Charles. Plans for the new branch include an innovative open concept lobby with teller pods in place of counters, a coffee bar for members and a more convenient location.newBranch_rendering

The professional team at La Macchia Group, LLC, a Milwaukee-based firm that specializes in financial institutions, created the design and will manage the construction. Local Union contractors will be used for construction.

A groundbreaking ceremony is scheduled for 10 a.m. on Wednesday, March 1, 2017 at the new branch location at 1721 Zumbehl Rd. which is at the intersection of Zumbehl Road and Highway 94 in St. Charles. Construction is expected to take approximately 6 months to complete. During the construction phase, there will be no interruption of member service at the credit union’s current St. Charles branch location.

In making the announcement, 1st Financial CEO Carol Minges said, “We are excited about our move to the new location in St. Charles. This building shows our commitment to the St. Charles community. Unlike a large bank that is driven by profits for shareholders, 1st Financial is a member-owned cooperative that puts our members first. For the last 49 years we have been helping to build the communities that we serve in and we look forward to continuing to serve the St. Charles community at this new location.”

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

For more information about 1st Financial Federal Credit Union and the credit union difference, please 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 $222 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.