The Better Way to BankĀ®

About 1st Financial

Press Release June 10, 2013

FOR IMMEDIATE RELEASE

CONTACT:
Laura Woods
636-916-8303
lwoods@1stfinancialfcu.org

Carol Minges Named Interim CEO of 1st Financial Federal Credit Union

June 10, 2013 - 1st Financial Federal Credit Union, located in Wentzville, St. Charles, Hazelwood, and downtown St. Louis, Missouri has appointed Carol Minges as Interim Chief Executive Officer (CEO). She replaces Frank Nelson as outgoing CEO.

Minges, who holds a Bachelor degree in Business and Information Systems from Indiana Wesleyan University, took on the role of Chief Information Officer at 1st Financial Federal Credit Union in July of 2008. Since that time, Carol has overseen the successful growth of innovative technologies and increased member security. Her experience in operations and information security has provided 1st Financial with the vision to increase product offering and member value over the last five years.

In response to her recent appointment, Carol was quoted as saying, "I am humbled to be chosen for the role of Interim CEO and am excited for the opportunity to continue working with a very talented team of professionals at 1st Financial. I am committed to ensure we live out our continued mission of helping our members save money, make money, and save time."

Additional experience includes eleven years with FORUM Credit Union in Indianapolis, IN, serving in several operations and technology roles, as well as five years with Arsenal Credit Union in St. Louis.

"Over the last several years as a member of the 1st Financial executive management team, Carol has shown great leadership and an ability to gather our great team together to focus on providing our members with the best 1st Financial Federal Credit Union has to offer",explained Jim Combs, Chairman of the 1st Financial Board of Directors. He went on to say,"Please join me in welcoming Carol Minges as our Interim CEO".

For more information on 1st Financial Federal Credit Union and the credit union difference, please visit www.TheBetterWayToBank.org or call (636) 916-8300.

-more-

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 33,000 members and nearly $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.

Not a credit union member? If you live, work, worship, attend school, or regularly conduct business in St. Louis City, St. Louis County, and St. Charles County, Missouri, you can open an account today.

You Are Leaving 1st Financial Federal Credit Union.

No
Yes