Schoolsfirst Federal Credit Union

Headquarters

15332 Newport Ave
Tustin, CA 92780
See all branch locations →

Phone 1-714-258-4000

Notable Rates APY Vs.Others
Savings 0.05% 2.55% →
1-Year CD 0.60% 2.80% →
2-Year CD 0.75% 3.20% →
5-Year CD 1.10% 3.65% →
30-Year Mortgage 7.44% 6.31% →
15-Year Mortgage 6.85% 5.86% →
HELOC N.A. 2.79% →

2022 Overview

General Credit Union Information

Schoolsfirst is an NCUA insured institution located in Tustin, CA. It was founded in 1934 and has approximately $27888.48 millions in assets.

Who can join?

SchoolsFirst FCU’s service area is the following Southern California counties:

Imperial
Kern
Los Angeles
Orange
Riverside
San Bernardino
San Diego
San Luis Obispo
Santa Barbara
Ventura


Within those counties, we serve employees of the following educational entities:

Public elementary and secondary schools

Private elementary and secondary schools that are listed as a private school in
the California Department of Education School Directory

County Superintendents of Schools

Community Colleges

Authorized colleges and universities that offer degree programs

Authorized education foundations


In addition, we serve the following:

Members of the boards of trustees of eligible schools

Educators who have retired from one of the above eligible educational entities, who received or are receiving a pension or annuity from
that entity’s retirement program, such as STRS or PERS

Immediate family members of any existing SchoolsFirst FCU Member (spouse, mother, father, brother, sister, son, daughter, grandparent, grandchild)

NCUA Insured Yes / Federally Chartered
Charter Number # # 24212
Date Established 1934
Assets $27,888.48 million
Loans $13,625.25 million
Deposits $24,758.76 million
Capital $2,651.71 million
 

Field of Membership Restrictions

Membership in SchoolsFirst Federal Credit Union is open to employees and retirees of public or private schools, community colleges, authorized universities or colleges, or members of authorized education foundations in Imperial, San Diego, Kern, Riverside, San Luis Obispo, Los Angeles, Orange, Santa Barbara, or Ventura Counties in California.

Deposit Rates - August 10, 2022

Your Current Location: California, CA 92111

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
SAV
0.05% $5 - Learn More
Money Market
0.25% $2,000 $9,999 Learn More
Money Market
0.35% $10,000 $99,999 Learn More
Money Market
0.45% $100,000 - Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.30% $500 - Learn More
6 Mo CD
0.45% $100,000 $199,999 Learn More
12 Mo CD
0.45% $500 - Learn More
12 Mo CD
0.60% $100,000 $199,999 Learn More
18 Mo CD
0.55% $500 - Learn More
18 Mo CD
0.70% $100,000 $199,999 Learn More
24 Mo CD
0.60% $500 - Learn More
24 Mo CD
0.75% $100,000 $199,999 Learn More
30 Mo CD
0.60% $500 - Learn More
30 Mo CD
0.75% $100,000 $199,999 Learn More
36 Mo CD
0.70% $500 - Learn More
36 Mo CD
0.85% $100,000 $199,999 Learn More
48 Mo CD
0.80% $500 - Learn More
48 Mo CD
0.95% $100,000 $199,999 Learn More
60 Mo CD
0.95% $500 - Learn More
60 Mo CD
1.10% $100,000 - Learn More
Int Checking Rates APY MIN MAX
INTCK
0.03% $0 $24,999 Learn MoreShow Less

Loan Rates - August 10, 2022

Your Current Location: California, CA 92111

Auto Loan Rates APR Rate Monthly Payment
3 Year 3.14% 3.14% $728.57
4 Year 3.14% 3.14% $554.91
5 Year 3.14% 3.14% $450.77
Refinance Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.


 

Branches

Below are Schoolsfirst branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
San Diego,California


Schoolsfirst Locations



Climate Initiatives

SCHOOLSFIRST is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.

Financial Details

Schoolsfirst Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Schoolsfirst. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Schoolsfirst U.S. Average
1.65% 4.75

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 31, 2022, Schoolsfirst had $43,406,526 in non-current loans and $1,690,830 in owned assets. To cover these potential losses it had $2,651,709,638 in net worth and $83,408,438 in loans loss reserves. That gives it a Texas Ratio of 1.65%.

Net Worth
Schoolsfirst U.S. Average
9.51% 12.28%

Schoolsfirst FCU has a net worth of 9.51% versus the BestCashCow average of 12.28. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

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