1st Financial Federal Credit Union prides itself on helping members achieve their financial dreams.
It received the Community Credit Union of the Year Award for credit unions with less than $250 million in assets during the CUNA Community Credit Union Conference.
Carol Minges, CEO of the $215 million asset credit union in Wentzville, Mo., recently discussed the impact the credit union has on the community with Credit Union Magazine.
CU Mag: What does it mean to be a community CU?
Minges: Simply put, a community credit union is a financial institution that isn’t looking to break into a market, but rather exists in a market for the benefit and betterment of the people who live in it.
We’ve worked hard to not simply position ourselves as a checking account for the masses, but rather as a bastion of hope for the people in the community who are intimidated and frightened by their own credit score.continue reading »