SchoolsFirst Federal Credit Union

SchoolsFirst Federal Credit Union is a large, federally-chartered credit union headquartered in Santa Ana, CA. The credit union operates 27 branches in 1 state (California). It has $8.0 billion in assets and roughly 433,600 members.

Products offered include: Jumbo IRA CD, IRA CD, Jumbo CD, Liquid Advantage MMA, SchoolFirst Share Savings and Investment Checking.

Phone: 800-462-8328
Headquarters: Santa Ana, CA
NCUA #: 24212
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Current SchoolsFirst Federal Credit Union Rates

Rates last updated: 5/23/2012
Name Term APY Min Deposit
Jumbo IRA CD 1 month 0.40 % $100,000
3 months 0.45 % $100,000
6 months 0.50 % $100,000
1 year 0.55 % $100,000
18 months 0.65 % $100,000
2 years 0.75 % $100,000
3 years 1.05 % $100,000
4 years 1.25 % $100,000
5 years 1.55 % $100,000
IRA CD 1 month 0.25 % $500
3 months 0.30 % $500
6 months 0.35 % $500
1 year 0.40 % $500
18 months 0.50 % $500
2 years 0.60 % $500
3 years 0.90 % $500
4 years 1.10 % $500
5 years 1.40 % $500
Jumbo CD 1 month 0.30 % $100,000
3 months 0.40 % $100,000
6 months 0.45 % $100,000
1 year 0.50 % $100,000
18 months 0.60 % $100,000
2 years 0.70 % $100,000
3 years 1.00 % $100,000
4 years 1.20 % $100,000
5 years 1.50 % $100,000
SchoolsFirst CD 1 month 0.15 % $500
3 months 0.25 % $500
6 months 0.30 % $500
1 year 0.35 % $500
18 months 0.45 % $500
2 years 0.55 % $500
3 years 0.85 % $500
4 years 1.05 % $500
5 years 1.35 % $500

SchoolsFirst Federal Credit Union Membership Eligibility

The common bond for our Members is the educational industry. To join SchoolsFirst FCU, a completed Membership application and a one-time, non-refundable family Membership fee of $15 is required. In addition to the family Membership fee, you must purchase a $5 share, which is deposited into your Share Savings account. As a condition of establishing Membership, you must confirm your eligibility prior to or subsequent to opening your Share Savings account.
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 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)

About SchoolsFirst Federal Credit Union

SchoolsFirst FCU is a not-for-profit organization rooted in the credit union philosophy of “People Helping People,” and built on traditional values of commitment to service, respect for the individual, and fiscal responsibility. We hold ourselves to the highest standard of integrity, professional ethics, cooperation, and team spirit.

As a financial cooperative, our Members share ownership of their credit union, and have democratic control (one Member, one vote), electing from their midst a volunteer Board of Directors. All excess earnings are passed along to our Members through competitive rates, expanded products and services, and lower fees.

Service is just one of the many things that makes us different from banks and savings and loans. Whether you come in to our branches, call our Telephone Service Center, or visit us online, service is always our first priority.

Our day-to-day decisions, as well as our strategic objectives, are based on what is in the best interest of our Members. We place the welfare of our Members above all other priorities. We recognize the importance of a positive and supportive environment for our team and a financially strong and stable organization, as well as serving all our Members equitably.

Credit Union Locations

Santa Ana Branch 2115 N. Broadway Santa Ana, CA 92706 33.765201 -117.868913

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