First Financial Credit Union is a non-profit financial institution that is owned and operated by its members.
What Sets FFCU Apart
First Financial Credit Union was formed in 1936, originally as Teletype Employees Credit Union, to provide a safe place for employees of the AT&T Teletype Corporation to save and borrow money. In 2000, we became First Financial Credit Union to reflect our transition to a community chartered credit union, allowing us to serve the communities of Skokie, Morton Grove, Park Ridge and Lincolnwood in addition to over 70 Select Employer Groups (SEGs). Over the years, First Financial has steadily expanded and grown to become a strong institution serving over 10,000 members and the northern Chicagoland area.
Our Members are more than just numbers, they are the owners of the credit union and the people and families we are here to serve. As their needs and the available technology changes, FFCU has introduced new products, services, and education to be able to offer the best ‘banking’ experience possible. No matter what your financial goals are or what stage of life you’re in, we will give you the tools and knowledge to be financially successful.
It’s a great business model, so let’s break that down to really pinpoint the meaning:
As a not-for-profit organization, FFCU can continue to ‘return’ profits to our member in the form of lower loan rates, higher savings rates, and fewer service charges than are found in for-profit institutions. We’re not here to gouge members with fees to pay shareholders or the owners, Member are the owners, so credit unions operate in their best interest.
Being not-for-profit does not mean we’re for charity. We support our communities in every way we can, including offering scholarships, event sponsorships, and funding for students, community businesses and causes. That being said, we also operate in the most efficient, cost-saving way we can so that our members can enjoy the benefits of great rates and low fees.
It’s easy to see, credit unions love their members! That’s why we are not for profit, not for charity, but for service. Join today to see all the ways we can serve you and all of your financial needs.
FFCU’s Mission Statement:
Providing superior financial value with unsurpassed service while maintaining our tradition of stability, trust and security
FFCU’s Core Values:
- Members First – To always place the best interests and welfare of our Members first.
- Financial Strength – To never compromise the financial strength and security of the organization.
- Ethics – To conduct all activities with honesty and integrity.
- Importance of People – To promote the well-being of our members, volunteers, and employees. We are committed to providing the education and resources necessary for success.
Your savings federally insured by NCUA to at least $250,000
and backed by the full faith and credit of the United States.