SchoolsFirst FCU Ranked #1 in California by Forbes
June 17, 2025
Credit Union Achieves Best-in-State Ranking for Seventh Consecutive Year
SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families in the U.S., has landed as No. 1 on Forbes 2025 list of the Best Credit Unions in California. America’s Best-In-State Credit Unions 2025 ranking lists the financial institutions that stood out for fulfilling the unique financial needs and expectations of their local communities. This is the seventh consecutive year SchoolsFirst FCU has been No. 1 on the list of top credit unions in the state.
“This recognition is especially meaningful because it comes directly from our Members who trust us to help them achieve financial well-being,” said Bill Cheney, chief executive officer of SchoolsFirst FCU. “We are grateful for their loyalty and appreciative of our team's commitment to delivering World-Class Personal Service and safeguarding our Members' financial future.”
Presented by Forbes in partnership with research firm Statista Inc., the ranking is based on two sources. Statista completed an independent survey of approximately 26,000 U.S. residents who were asked to name all credit unions where they have a checking/savings account and rate the credit unions in six different subdimensions: Trust, Terms & Conditions, Branch Services, Digital Services, Customer Services and Financial Advice. Second, Statista developed a sentiment analysis of publicly available online text reviews and ratings in each state for each credit union. In each state, the credit union with the highest combined score from the analysis of survey results and publicly available reviews was awarded.
About SchoolsFirst Federal Credit Union
SchoolsFirst Federal Credit Union is the largest credit union serving school employees, and for the seventh year in a row, Forbes has named SchoolsFirst FCU the top credit union in California. Serving school employees and their families, the organization is dedicated to delivering World-Class Personal Service and improving the financial lives of its Members. In J.D. Power’s 2025 inaugural U.S. Credit Union Satisfaction Study, its Members ranked them #1 for overall satisfaction. Today they serve nearly 1.5 million Members with a full range of financial products and services. SchoolsFirst FCU was founded in 1934, when 126 school employees pooled $1,200 and established a Member-owned cooperative to help improve each other's lives. The Credit Union has nearly $34 billion in assets and remains the largest credit union in California and the third largest credit union in the United States. For more information about SchoolsFirst FCU, visit schoolsfirstfcu.org.
Insured by NCUA.
Media Contact:
Robin Wachner