Featured Savings Rates
Featured Accounts

SchoolsFirst Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
2.35%5-year CD60 Month Share Certificate
3.00%Reward SavingsPaycheck Planner - School Employees Only
1.35%1-year CD12 - 17 Month Share Certificate

Overview / Commentary
714-258-4000
2115 N Broadway
Santa Ana, CA 92706

SchoolsFirst Federal Credit Union is headquartered in Santa Ana and is the largest credit union in the state of California. It is also the 5th largest credit union in the nation. It was established in 1934 and as of September of 2017, it had grown to 1,517 employees and 779,810 members at 50 locations. SchoolsFirst Federal Credit Union's CD rates are 50% higher than the national average, and it boasts an A+ health rating.

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.
See current membership details

Related Posts

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Schools First put You First

Schools First Credit Union is a great credit union to bank with. I come from from banking with traditional banks in my city. The large corporation banks. I transitioned over to Schools First when I go the opportunity to do so, as a result of a parent involvement in the local school district. I discovered that this credit union really puts its member first. Customer service is high and my personal satisfaction is even higher. I love how this credit union operates. The offer low rates and fees on everything. I recently applied for a small loan and was approve is no time. Lending fees were lower rates than other traditional banks in the area. The only downside I have is when I need to pull out or put in money I have to physically walk into the credit union. This is only a problem because there is only one bank in my city. I deal with the customer service representatives online and in personal on a monthly basis. They are really friendly.

SchoolsFirst Credit Union for Educators

I am a Science teacher who moved to Southern California a year ago. I have immensely enjoyed using SchoolsFirst as my banking institution, I have not given five stars yet because it has only been a year but I am very happy with their services thus far. Schools first has multiple services specifically for educators. They are always very friendly and there is rarely any wait time at the branches. Although the locations are not convenient from where I live there is a location down the street from the school I work for so, that makes everything much better. I have used web and phone services and all go smoothly. I love that they have ATM which dispense $5 and $10 bills. I love the various saving account options and automatic deposit accounts for when your paycheck hits. I hope to eventually buy a home and new car with SchoolsFirst but I am still working on savings and my credit scores.

One of the better banks despite some things.

Posted by: deidrashaw | Aug 5, 2017

Overall this bank is one of the better ones I have ever had. They are definitely way better than Us bank. They are also pretty good about the overdraft charges. I would recommend them since they are easy to get a hold of for any issues. They have some great savings account options. They have an option where you can have a savings account created for off time during the summer since this credit union is specialized for teachers and their families. They are great with direct deposits and also it's fast and easy to transfer money between your checking and savings account. They also have options to help you budget your money better as well as help with potential investment plans too.

A Great Bank

This bank (credit union) is the best one I have been to. They are a small bank with only a few branches but they are top notch. Every time I go in there I am treated with respect. The employees give great customer service and make sure you have everything you need. The lines usually move very quick and when they don't they are very apologetic. I also like the fees. I do not pay any. All of the services they offer come at little to no cost. This is a bank though for school employees or families of school employees but if you can get in its worth it. I like that I fee like a valued member of the bank and not just another number. Every staff member I have come across is always knowledge and if they don't know something they will find out for you. I bank with a few places but this by far will always be my number one.

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Health
A+

Health Grade Components

Overall
NCUA #24212
Year Chartered1934
Employees1517
Primary Regulator
Profit Margin
Return on Assets - YTD0.86%
Return on Equity - YTD7.73%
Annual Interest Income$303.5MM
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$13.93B$12.68B
LoansQ3 2017vs Q3 2016$7.27B$6.24B
DepositsQ3 2017vs Q3 2016$11.91B$10.77B
Equity CapitalQ3 2017vs Q3 2016$1.55B$1.43B
Loan Loss AllowanceQ3 2017vs Q3 2016$59.7MM$56.9MM
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$36.0MM$31.1MM
Real Estate OwnedQ3 2017vs Q3 2016$1.5MM$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

SchoolsFirst Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%--Summer Saver - School Employees Only
3.00%--Paycheck Planner - School Employees Only
0.20%--My Club Account
0.20%--Accumulation IRA
0.10%--Share Savings

SchoolsFirst Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%*$100k*-Liquid Advantage Money Market
OTHER TIERS: 0.15% $2k - $25k | 0.20% $25k - $50k | 0.25% $50k - $100k

SchoolsFirst Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%*$100k*-Investment Checking
OTHER TIERS: 0.05% Up to $25k | 0.08% $25k - $100k

SchoolsFirst Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.75%--60 Month Deferred Compensation Certificate - School Employees Only
2.35%*$100k*-60 Month Share Certificate
OTHER TIERS: 2.20% $500 - $20k | 2.25% $20k - $50k | 2.30% $50k - $100k
2.10%*$100k*-48 - 59 Month Share Certificate
OTHER TIERS: 1.95% $500 - $20k | 2.00% $20k - $50k | 2.05% $50k - $100k
2.00%--36 Month Deferred Compensation Certificate - School Employees Only
1.95%*$100k*-36 - 47 Month Share Certificate
OTHER TIERS: 1.80% $500 - $20k | 1.85% $20k - $50k | 1.90% $50k - $100k
1.75%*$100k*-24 - 35 Month Share Certificate
OTHER TIERS: 1.60% $500 - $20k | 1.65% $20k - $50k | 1.70% $50k - $100k
1.50%--12 Month Deferred Compensation Certificate - School Employees Only
1.40%*$100k*-18 - 23 Month Share Certificate
OTHER TIERS: 1.25% $500 - $20k | 1.30% $20k - $50k | 1.35% $50k - $100k
1.35%*$100k*-12 - 17 Month Share Certificate
OTHER TIERS: 1.20% $500 - $20k | 1.25% $20k - $50k | 1.30% $50k - $100k
1.30%$200-12 Month College Saver
1.10%*$100k*-6 - 11 Month Share Certificate
OTHER TIERS: 0.95% $500 - $20k | 1.01% $20k - $50k | 1.05% $50k - $100k
0.65%*$100k*-3 - 5 Month Share Certificate
OTHER TIERS: 0.50% $500 - $20k | 0.55% $20k - $50k | 0.60% $50k - $100k
0.35%*$100k*-30 Day Share Certificate
OTHER TIERS: 0.20% $500 - $20k | 0.25% $20k - $50k | 0.30% $50k - $100k

SchoolsFirst Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.40%*$100k*-60 Month IRA Certificate
OTHER TIERS: 2.25% $500 - $20k | 2.30% $20k - $50k | 2.35% $50k - $100k
2.30%$100-12 Month Coverdell Education Savings Account
2.15%*$100k*-48 - 59 Month IRA Certificate
OTHER TIERS: 2.00% $500 - $20k | 2.05% $20k - $50k | 2.10% $50k - $100k
2.00%*$100k*-36 - 47 Month IRA Certificate
OTHER TIERS: 1.85% $500 - $20k | 1.90% $20k - $50k | 1.95% $50k - $100k
1.80%*$100k*-24 - 35 Month IRA Certificate
OTHER TIERS: 1.65% $500 - $20k | 1.70% $20k - $50k | 1.75% $50k - $100k
1.45%*$100k*-18 - 23 Month IRA Certificate
OTHER TIERS: 1.30% $500 - $20k | 1.35% $20k - $50k | 1.40% $50k - $100k
1.40%*$100k*-12 - 17 Month IRA Certificate
OTHER TIERS: 1.25% $500 - $20k | 1.30% $20k - $50k | 1.35% $50k - $100k
1.15%*$100k*-6 - 11 Month IRA Certificate
OTHER TIERS: 1.01% $500 - $20k | 1.05% $20k - $50k | 1.10% $50k - $100k
0.75%*$100k*-3 - 5 Month IRA Certificate
OTHER TIERS: 0.60% $500 - $20k | 0.65% $20k - $50k | 0.70% $50k - $100k
0.40%*$100k*-30 Day IRA Certificate
OTHER TIERS: 0.25% $500 - $20k | 0.30% $20k - $50k | 0.35% $50k - $100k
Locations

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