Schools Financial Credit Union
BankingCalifornia, United States51-200 Employees
Schools Financial Credit Union operates as a member-owned financial cooperative in the banking sector. It traces its origins to 1933, when seven teachers formed a savings cooperative to offer low-cost loans funded by member deposits. In 2020, it merged with SchoolsFirst Federal Credit Union, the largest credit union in California and among the largest in the United States, preserving the movement's emphasis on service, not-for-profit operation, and people helping people. Member ownership is structured so that each savings account holder becomes a member-owner, with governance conducted by the volunteer board of SchoolsFirst FCU, in which Schools Financial has representation; the organization has no stockholders. Within its California footprint, the credit union seeks to offer products and services that meet member needs and provide an economic advantage compared with other major financial institutions in the market. Headquartered in Sacramento, California, it continues to expand its presence in the state, including seven new branches in 2026.
1-888-653-2347 
support@leadiq.com 
