SchoolsFirst Federal Credit Union Pledges Over $220,000 to Aid Communities Devastated by California Wildfires
In a generous response to the recent Southern California wildfires, SchoolsFirst Federal Credit Union has announced a substantial donation exceeding $220,000. These funds are aimed at supporting their members and the educational institutions they serve in the affected regions. The credit union’s efforts focus on providing relief to various organizations dedicated to aiding those impacted by the devastating fires.
The contributions will benefit numerous organizations including the California School Employees Association (CSEA) Assistance Fund, the California Teachers Association (CTA) Disaster Relief Fund, the Los Angeles Unified School District Education Foundation, and the American Red Cross Los Angeles Region, among others. By partnering with these entities, SchoolsFirst FCU aims to deliver immediate and effective assistance to school employees and their families.
Bill Cheney, the CEO of SchoolsFirst FCU, expressed deep gratitude for the bravery and dedication of first responders and volunteers who have tirelessly worked to manage the fires and protect communities. He emphasized the union’s commitment to standing by its members during these trying times, assuring them that supports like emergency relief personal loans, deferred payments on loans, waived fees, and tailored assistance are available to help navigate through this crisis.
As wildfires have impacted many individuals, SchoolsFirst FCU has actively reached out to over 20,000 members in evacuation zones, providing them with personalized support. This approach is part of the union's overall mission to ensure that its members receive the assistance they require, especially in moments of hardship.
Beyond financial contributions, SchoolsFirst FCU has also extended its generosity to local schools, ensuring that educators and students receive necessary support as they look to recover. Cheney highlighted the importance of community and the need to collaborate during such challenging events, stating, "We are here to serve our Members throughout all of life's ups and downs."
Established in 1934, SchoolsFirst Federal Credit Union is the largest credit union dedicated to serving school employees and their families in California. With over 1.4 million members and reported assets exceeding $30 billion, it has remained a steadfast pillar of community support. Recognized year after year as a leader in financial services, SchoolsFirst FCU strives to provide a wide range of financial products while also enhancing the lives of its members.
In summary, SchoolsFirst FCU’s recent actions underscore their commitment to uplifting their community in the face of adversity. Their proactive initiatives and extensive support resources reaffirm their mission to improve members’ financial well-being while promoting collaboration within the education sector, particularly in times of crisis. As the rebuilding process begins, the credit union remains dedicated to standing alongside its members, ensuring every individual impacted receives the help they need to return to stability and normalcy.