SCHOOLSFIRST
PO BOX 11547
Santa Ana, CA 92711
Phone: 1-714-258-4000
2019 Overview
General Credit Union Information
Schoolsfirst is an NCUA insured institution located in Santa Ana, CA. It was founded in 1934 and has approximately $16007.92 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 |
| Charter Number # | # 24212 |
| Date Established | 1934 |
| Assets | $16,007.92 million |
| Loans | $9,295.32 million |
| Deposits | $13,729.59 million |
| Capital | $1,826.44 million |
Field of Membership Restrictions
Deposit Rates - December 11, 2019
Your Current Location: Virginia, VA 20146
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| Savings
|
0.10% | $5 | - | Learn More |
|
Money Market
|
0.25% | $2,000 | $9,999 | Learn More |
|
Money Market
|
0.35% | $10,000 | $24,999 | Learn More |
|
Money Market
|
0.50% | $25,000 | $49,999 | Learn More |
| Fixed IRA Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Fixed IRA
|
2.00% | $500 | $19,999 | Learn More |
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
|
|
1.05% | $500 | $19,999 | Learn More |
|
|
1.75% | $500 | $19,999 | Learn More |
| 12 Mo CD
|
2.00% | $500 | $19,999 | Learn More |
| 18 Mo CD
|
2.05% | $500 | $19,999 | Learn More |
| 24 Mo CD
|
2.15% | $500 | $19,999 | Learn More |
| 30 Mo CD
|
2.15% | $500 | $19,999 | Learn More |
| 36 Mo CD
|
2.25% | $500 | $19,999 | Learn More |
| 48 Mo CD
|
2.35% | $500 | $19,999 | Learn More |
| 60 Mo CD
|
2.45% | $500 | $19,999 | Learn More |
| Variable IRA Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Var IRA
|
0.50% | $10 | - | Learn More |
| Int Checking Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Int Ckg
|
0.05% | $1 | $24,999 | Learn More |
Loan Rates - December 11, 2019
Your Current Location: Virginia, VA 20146
| 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 | |
|---|---|---|---|---|
| 15 Year Fixed Jumbo | 3.35% | 3.25% | $1,756.67 | |
| 15 Year Fixed Conforming | 3.35% | 3.25% | $1,756.67 | |
| 30 Year Fixed Jumbo | 3.68% | 3.63% | $1,140.13 | |
| 30 Year Fixed Conforming | 3.94% | 3.88% | $1,175.59 |
| Purchase Mortgage Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 15 Year Fixed Jumbo | 3.35% | 3.25% | $1,756.67 | |
| 15 Year Fixed Conforming | 3.35% | 3.25% | $1,756.67 | |
| 30 Year Fixed Jumbo | 3.68% | 3.63% | $1,140.13 | |
Compare with 5.034% APR and 4.990% 30-Year Fixed RATE from Quicken Loans NMLS #3030
See All Mortgage Rates |
||||
| 30 Year Fixed Conforming | 3.94% | 3.88% | $1,175.59 | |
|
Compare with 5.034% APR and 4.990% 30-Year Fixed RATE from Quicken Loans NMLS #3030
See All Mortgage Rates |
||||
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:
Ashburn,Virginia
Schoolsfirst Locations
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 |
|---|---|
| 2.15% | 5.86 |
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 June 30, 2019, Schoolsfirst had $40,086,207 in non-current loans and $710,947 in owned assets. To cover these potential losses it had $1,826,439,089 in net worth and $67,520,472 in loans loss reserves. That gives it a Texas Ratio of 2.15%.
Net Worth
| Schoolsfirst | U.S. Average |
|---|---|
| 11.4% | 13.65% |
Schoolsfirst FCU has a net worth of 11.4% versus the BestCashCow average of 13.65. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.
Frequently Asked Questions About Schoolsfirst
Branches and Savings
What is Schoolsfirst?
A federal credit union, registered with the NCUA under certificate #24212.
Learn more about credit unions here.
Is Schoolsfirst FDIC insured?
No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.
Who can join Schoolsfirst?
Please see Field of Membership information above for information on who is eligible to join.
How big is Schoolsfirst?
Schoolsfirst has total capital of $1,826.44 million. Full information on Schoolsfirst's financial position is located above.
Who owns Schoolsfirst?
Credit Unions are owned by their members.
Where are Schoolsfirst branches located?
See branch locations nearby.
Are Schoolsfirst ATMs Open 24/7?
Do Schoolsfirst ATMs accept cash deposits?
Can Schoolsfirst customers use other ATMs? What is the charge for withdrawing money from another ATM?
Does Schoolsfirst have a mobile app?
Does Schoolsfirst have mobile deposit?
Does Schoolsfirst have quick pay?
How can Schoolsfirst transfer money to other banks or credit unions?
Does Schoolsfirst report to credit bureaus?
Does Schoolsfirst use Chexsystems?
Does Schoolsfirst use Equifax?
What is Schoolsfirst's toll free phone number?
What is Schoolsfirst's ACH Routing Number?
What is Schoolsfirst's SWIFT code?
Where can I find Schoolsfirst's wire transfer form?
What is the Schoolsfirst address for deposits?
What Products Does Schoolsfirst Offer
Does Schoolsfirst offer home equity lines of credit and home equity loans?
Compare home equity lines of credit rates here.
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