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Causes: Credit Unions, Microfinance
Mission: To promote thrift and saving among members, to create a source of credit for members at interest rates set by the board of directors, and to provide members with an opportunity to use and control their money on a democratic basis in order to improve their economic and social conditions.
Programs: Schools financial credit union (sfcu) is a member-owned, not-for-profit financial cooperative dedicated to serving the financial needs of its members. Its purpose is to be the primary financial institution for community members in its service area. Its mission is to provide members with better value and outstanding service. Sfcu fosters a culture of "people helping people" throughout the organization, and its interaction with members epitomizes the standards of ethical behavior. Sfcu treats all members with respect and dignity and provides services to savers and borrowers in a democratic fashion. Sfcu offers its members an economic advantage combined with courteous, competent and timely service. It values open, honest, two-way communication with its members. Sfcu solicits input from its members to facilitate communication and to measure service quality. Sfcu is committed to constantly improving its overall operational efficiency, its service delivery convenience and the level of professional service it provides to its members. It meets its members' expectations for price advantage, quality service and convenience by remaining financially strong and viable. Sfcu communicates its services in a meaningful way so that members, potential members, legislators, regulators and the community-at-large understand and appreciate the unique role that member-owned financial cooperatives play in their lives. Its commitment to members is consistent with its principles of "for service, not for profit, not for charity and its philosophy of "people helping people". This commitment represents the sound business practices that ensure the financial strength of sfcu for its members.
as of december 31, 2016, sfcu had eleven branches, 134,076 members, total assets of $1,783,183,316 and total outstanding loans of $1,085,513,737.
as of december 31, 2016, sfcu had eleven branches, 134,076 members, total assets of $1,783,183,316 and total deposits of $1,584,767,964.
This organization's nonprofit status may have been revoked or it may have merged with another organization or ceased operations.