SchoolsFirst Credit Union originated in Southern California. Formed as the Orange County Teachers Credit Union in 1934, it changed to its current name in 2008 to reflect its expansion.
As of 2015, SchoolsFirst Credit Union boasts at least 42 branches across the southernmost counties in California and is headquartered in Santa Ana. In 2011, the credit union welcomed its 500,000th member. In 2014, the company reported assets total nearly $10 billion, according to president and CEO Rudy Hanley. In attracting new customers, the credit union advertises benefits that include free checking, access to 28,000 free ATMs nationwide and low-interest loans.