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Community First Credit Union

Here For Good!

Founded 1961 United States Santa Rosa, United States 81 employees Financial Services, Banking

General Information

Company Name Community First Credit Union
Founded Year 1961
Location United States Santa Rosa, United States +1
Employees 81
Industries Financial Services, Banking
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About Community First Credit Union

Community First Credit Union is a not-for-profit financial cooperative that prioritizes people over profits. Founded in 1961 by seven local teachers who were denied home loans by banks, the institution has a strong focus on supporting its members and the communities it serves. Following a merger with Mendo Lake Credit Union in 2017, Community First expanded its service area to include five Northern California counties. Unlike traditional banks, the credit union ensures that locally earned dollars remain in the local economy, benefitting the surrounding community. Community First Credit Union stands out as a Community Development Financial Institution (CDFI) and a Juntos Avanzamos credit union, underscoring its commitment to serving local communities. As a financial cooperative, it reinvests any potential profits back into its members and the cooperative itself, facilitating advancements such as next-gen ATMs, new online conveniences, and additional branches. This approach contrasts sharply with traditional banks, where the primary focus is typically on raising stock prices, often at the expense of customers. Community First Credit Union's dedication to its members and the local economy positions it as a viable and socially responsible alternative within the financial services and banking industries.

Taxonomy: Not-for-profit Financial Cooperative, Community Development Financial Institution, Local Community Focus, Financial Inclusion, Credit Union, Retail Banking, Community Banking, Wealth Creation for Members, Cooperative Banking

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FAQ About Community First Credit Union

Here For Good!
Community First Credit Union was founded in 1961.
Community First Credit Union is headquartered in Santa Rosa, United States.
Community First Credit Union operates in the following industries: Financial Services, Banking.
Community First Credit Union has approximately 81 employees.
Top alternatives and competitors to Community First Credit Union include First Financial Credit Union , Firstmark Credit Union, Widget Financial, O Bee Credit Union, Telco Community Credit Union. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Community First Credit Union and First Financial Credit Union are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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