Schoolsfirst

Po Box 11547
Santa Ana, CA 92711

Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 24212
Date Established 1934
Assets $13,928.20 million
Loans $7,266.76 million
Deposits $11,906.25 million
Capital $1,548.79 million

Schoolsfirst is an NCUA insured institution located in Santa Ana, CA. It was founded in 1934 and has approximately $13928.2 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)

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

Your Current Location: Virginia, VA 20146

CD Rates (Share Certificate Rates) APY MIN MAX
03MCD10K
0.60% $500 $19,999 Learn MoreShow Less
06MCD10K
1.15% $500 $19,999 Learn MoreShow Less
12MCD10K
1.40% $500 $19,999 Learn MoreShow Less
18MCD10K
1.50% $500 $19,999 Learn MoreShow Less
24MCD10K
1.70% $500 $19,999 Learn MoreShow Less
30MCD10K
1.70% $500 $19,999 Learn MoreShow Less
36MCD10K
1.90% $500 $19,999 Learn MoreShow Less
48MCD10K
2.05% $500 $19,999 Learn MoreShow Less
Savings Rates (Share Account Rates) APY MIN MAX
Savings 2.5K
0.10% $5 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
FIXIRA0K
1.45% $500 $19,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
0.20% $10 - Learn MoreShow Less
MM Rates APY MIN MAX
MM2.5K
0.20% $2,000 $9,999 Learn MoreShow Less
MM10K
0.25% $10,000 $24,999 Learn MoreShow Less
MM25K
0.30% $25,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.05% $1 $24,999 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

Auto Loan Rates APR Rate Monthly Payment
3 Year 1.84% 1.84% $714.32 Learn MoreShow Less
4 Year 1.84% 1.84% $540.63 Learn MoreShow Less
5 Year 1.84% 1.84% $436.45 Learn MoreShow Less
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase 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:
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
2.87% 7.77

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 September 30, 2017, Schoolsfirst had $44,084,970 in non-current loans and $2,006,265 in owned assets. To cover these potential losses it had $1,548,794,975 in net worth and $59,667,669 in loans loss reserves. That gives it a Texas Ratio of 2.87%.

Net Worth
Schoolsfirst U.S. Average
11.11% 13.15%

Schoolsfirst FCU has a net worth of 11.11% versus the BestCashCow average of 13.15. 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 On Schoolsfirst

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.

What are Schoolsfirst's share account and share certificate rates?

Schoolsfirst's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Schoolsfirst?

Schoolsfirst has total capital of $1,548.79 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 mortgages?

Compare mortgage rates here.

Does Schoolsfirst offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Schoolsfirst offer auto and RV loans?

Compare auto loan rates here.

Does Schoolsfirst offer student loans or personal loans?

Compare personal loan rates here.

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