An Exciting Time for Schools Financial Members
---A guide to the upcoming merger with SchoolsFirst FCU---
We are excited to announce our agreement to merge with SchoolsFirst Federal Credit Union later this year. This merger means great things for our members.
By joining with SchoolsFirst FCU, we can extend even more benefits to you. This includes better rates on shares and loans, unique product features, lower to no fees, and more products and services tailored to school employees.
SchoolsFirst FCU is known for their exceptional member service and highly competitive products and services. They are based in Southern California, but serve members statewide. As the largest credit union in California and the fifth largest credit union in the nation, SchoolsFirst FCU will be a strong partner and allow us to provide you with more resources to build your financial security.
The next step in the merger process is to gain approval from our credit union regulators. Then, we will look to you—our member owners—to approve the merger through a member vote. Until the merger is finalized, your accounts and products will remain unchanged and we will continue to serve you as Schools Financial CU.
Our local employees will continue to serve members with the same personal level of service you’ve come to expect and deserve.
Our Boards of Directors and senior management are thrilled to be combining our teams’ knowledge, expertise and passion for serving members. Together, we will be able to better serve you.
We want our members to feel confident and well‐informed throughout this process. Please reference the FAQs below for more details on what this change will mean for you. We will continue to keep you updated throughout this process.
Thank you for your membership!