credit union type credit union industry financial services founded 1934 headquarters santa ana california united states number of locations 44 area served educators and family members in southern california key people bill cheney president products savings ; checking ; consumer loans ; mortgages ; credit cards ; investments ; online banking total assets 9.38 b usd 2012 website schoolsfirstfcu.org schoolsfirst federal credit union is a federally chartered credit union that serves the educational community in southern california . it is headquartered in santa ana california and has branches throughout the ten most southern counties of california . before april 14 2008 it was named orange county teachers federal credit union or octfcu . contents 1 history 2 field of membership 3 workplace rating 4 references 5 external links history edit schoolsfirst fcu was founded in 1934 by a group of 125 school employees . they pooled 1 200 and established orange county teachers credit union with a california state charter . a switch to a federal charter in 1983 added federal to its name . at the end of 2012 schoolsfirst fcu reported 9.38 billion in assets making it the fifth largest credit union in the united states by asset size . net income for that year was 129.72 million and total capital 1.14 billion . their 11.96 % capital to asset ratio is one of the best in the u.s. banking industry . they reported having over 700 000 members in 2016 . 1 field of membership edit schoolsfirst fcu s field of membership is the following southern california counties imperial county kern county los angeles county orange county riverside county san bernardino county san diego county san luis obispo county santa barbara county ventura county within those counties schoolsfirst fcu serves employees of the following educational entities serving both classified and certificated employees public 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 schoolsfirst fcu serves 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 calstrs or calpers immediate family members of any existing schoolsfirst member spouse mother father brother sister son daughter grandparent grandchild workplace rating edit in 2004 orange county teachers fcu was named the third best medium sized company to work for in the country by the great place to work institute inc. a workplace research and consulting firm in san francisco . each year the institute works with fortune magazine and other publications throughout the world to select best companies to work for lists that appear in 25 different countries including the 100 best companies to work for in america . citation needed three years later in 2007 orange county teachers fcu appeared in the same list placing tenth . references edit about us . schoolsfirst fcu . external links edit www.schoolsfirstfcu.org schoolsfirst fcu home page 1 schoolsfirst fcu 2012 annual report retrieved from https en.wikipedia.org w index.php title schoolsfirst federal credit union & oldid 728500229 categories credit unions based in californiacompanies based in santa ana californiaprivately held companies in the united statesbanks established in 1934hidden categories pages using infobox company with unsupported parametersall articles with unsourced statementsarticles with unsourced statements from june 2015 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 5 july 2016 at 20 41 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view