Newsweek Magazine's Best Credit Unions - 2024
First Community Credit Union has been named among the top 500 regional banks and credit unions in the United States. The ranking emerges from a study conducted by Newsweek and Plant-A Insights Group which examined 9,440 banks and credit unions across the United States. The analysis listed 250 credit unions and 250 banks as being outstanding in areas of stability, profitability, risk exposure, and overall health.
About First Community
First Community is one of the largest credit unions in Missouri and among the Top 10 financial institutions in the region. Our membership continues to grow as we fulfill our mission to provide quality products and affordable financial services; as we’ve done for over 85 years.
We are a cooperative, owned and operated by our members. Our members put their money in a variety of savings accounts, and in turn, that money is lent to members. After operating expenses and reserve requirements are met, loan income is returned to all members in the form of competitive dividends and comprehensive financial services. This is what distinguishes us from other financial institutions.
We have nearly 4 billion in assets with over 400,000 members, serving all of St. Louis County, St. Louis City, Franklin County, Jefferson County, St. Charles County, Warren County, and the Illinois counties of Madison, Monroe, and St. Clair.
We strive to keep on the cutting-edge of banking technology, and are proud to provide our members with innovative products like interest-bearing First Rate Checking and mobile banking with mobile deposit. Our professional staff has years of experience in all things financial. Yet, when you visit our branches, you'll find that they are friendly and courteous — and will make you feel right at home. After all, they are members just like you.
Our Mission Statement
To be your primary financial institution, providing an opportunity for you to improve your economic and social condition, encouraging thrift, and broadening your economic awareness. We will provide a full range of reasonably-priced products and services in a convenient, courteous, and professional manner while maintaining steady growth and long-term stability.
First Community is a state-chartered credit union, organized under strict regulatory laws that are monitored and enforced by the Missouri Division of Credit Unions and the National Credit Union Administration, an agency of the U.S. Government.
First Community Arena
First Community has the naming rights for the arena within Southern Illinois University Edwardsville’s Vadalabene Center. The venue is now known as the First Community Arena.
This partnership represents the largest corporate naming rights arrangement at SIUE and the very first time First Community has had naming rights. SIUE has been the fastest-growing university in Illinois for the last 20 years. They have a NCAA Division 1 basketball program with 17 national championships and a passion for athletics.
First Community has been growing our presence in Illinois for many years now. We are proud to be partnering with a university that has such a great reputation. We plan to leverage this relationship to grow our business in Illinois and support the local community in a big way.