Summer 2018 Newsletter

Summer is winding down, but before you gear up for back to school – take a look at our Summer Quarterly Member Newsletter. In a continued effort to go green, we’re publishing our newsletter electronically – it can also be found on our website and social media sites. Paper copies will be available in our branches.

The Summer Newsletter features the following articles:

  • Upcoming First Financial seminars and events (September – October 2018)
  • Article – Do 0% Interest Credit Cards Have a Dark Side?
  • Message from the CEO
  • Calling all Teachers! 2018 Classroom Grants – Call for Entries ends 9/30
  • IRC Article – Have you made any of these financial mistakes?
  • Donate your Boxtops for Education in any First Financial Branch
  • 2% Auto Loan Challenge – see if we can save you 2% on your car payments by Labor Day!
  • Article – Teach your kids to take a stand, a lemonade stand
  • Important information, holidays, phone numbers, and branch locations

 To view a copy of the newsletter, click here.

Enjoy the rest of Summer!

Spring 2018 Newsletter

Our Spring Semi-Annual Member Newsletter has arrived!

In a continued effort to go green, we’re publishing our newsletter electronically – it can also be found on our website and social media sites. Paper copies will also be available in our branches. This Spring First Edition newsletter covers some great new topics and talks about some of the exciting events and promotions going on at First Financial for the beginning of 2018.

The Spring Newsletter features the following articles:

  • Upcoming First Financial seminars and events (April – August 2018)
  • Article – “Should you pay for credit repair services? Probably not.”
  • Message from the CEO
  • Buy out your vehicle lease ad
  • “How does working affect social security retirement benefits?” – IRC Article
  • LIFE Fair Program
  • 2017 year-end food and gift drives help our local community
  • “Member Alert: Tech support scams” – Article
  • Important information, holidays, phone numbers, and branch locations

 To view a copy of the newsletter, click here.

Enjoy and Happy Spring!

First Financial’s Neptune Branch Donates to Lunchbreak over the 2017 Holiday Season

Press Release 

FREEHOLD, N.J. – First Financial Federal Credit Union’s Neptune Branch partnered with the Lunchbreak organization in Red Bank this past holiday season, to collect food and clothing for those in need, during the months of November and December 2017. The organization’s mission is to lead the region as the comprehensive food, nutrition, and life skills resource for community members in need.

During the 2017 holiday season, the Neptune Branch asked their staff and members of the credit union who primarily banked at the Neptune Branch, to contribute to the cause. As a whole, they  collected 121 pounds of non-perishable food items such as cans of soup, cereal, rice, pasta, and the like. They also collected household items such as paper towels, cleaning supplies, and even baby formula. In addition, the branch collected 28 bags of clothing too!

The credit union was proud to help contribute to such an important cause within our local community. “We’re thrilled our members and staff were fortunate enough to help the Lunchbreak organization assist those in need, right within our own backyard – during the season of giving. Since we began within a small community back in 1936, we thrive on contributing to other community initiatives and helping our Monmouth and Ocean County neighbors,” added Issa Stephan, President and CEO of First Financial.

In addition to the Neptune Branch contributing to Lunchbreak and collecting toys for Operation Sleighbells in December, the Toms River Branch participated in the Ocean County Sheriff’s annual holiday toy drive and donated non-perishable food items to The People’s Pantry. The Freehold/Howell Branch collected food items for the Freehold Open Door Pantry, and new unwrapped toys were donated to the Salvation Army. Overall, it was a successful holiday season filled with giving back to the Monmouth and Ocean County community. A big thank you to all who contributed to the cause!

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About First Financial Federal Credit Union:

First Financial Federal Credit Union (formerly Mon-Oc Federal Credit Union) is a not-for-profit financial cooperative whose goal is to provide the highest level of quality products and personalized services while maintaining financial integrity and stability.  Our vision is to be a long-term financial partner with our Members. While First Financial has a highly trained, professional staff using the latest technology, we also pride ourselves on our personal touch. Unlike huge banking conglomerates, policy setting and overall strategic direction of First Financial are overseen by a volunteer Board of Directors made up of credit union members. The credit union is federally insured by the NCUA. For more information on First Financial, visit www.firstffcu.com.

 

 

First Financial Foundation Awards 2017 Scholarship to University of Tampa Student

Press Release

FREEHOLD, N.J. – The First Financial Federal Credit Union Foundation (www.firstffcu.com) awarded a $500 scholarship to Cassidy Sabins of Spring Lake Heights, who graduated from Manasquan High School. She is currently attending the University of Tampa (Tampa, FL) studying Business Financial Enterprise Systems.

In order to qualify for this year’s scholarship, high school seniors attending school in Monmouth or Ocean Counties were given the option to submit a written essay or create a 60 second video clip. The students must also be attending an accredited 2 or 4 year college or university in the fall of 2017. Four winners were selected to receive a $500 First Financial Foundation 2017 Erma Dorrer Literary Scholarship.

This year’s essay topic: You and a friend decide that you would like to start building credit. Discuss with your friend what good credit is, ways to start building credit, how your credit union can help, and the benefits earned by having good credit.

This year’s video topic: Create a 60-second video that covers the importance of financial literacy.

Sabins submitted an essay in which she explained that “good credit is taking responsibility for your spending behaviors and only purchasing items that you can afford.” She recommended choosing a credit union, such as First Financial, because it is “a great place to open a savings account” since “member-owned credit unions charge their members lower monthly fees and lower interest on loans as opposed to banks, as well as they support community programs.”

“We are thrilled to be able to aid these admirable and bright young students in their journey of success and education,” said First Financial President and CEO, Issa Stephan. “Our credit union puts a high priority on education. After all, that’s how First Financial began 81 years ago – with a group of schoolteachers in Asbury Park.”

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About the First Financial Foundation: Since 1994, First Financial has supported the Monmouth & Ocean communities with the Erma Dorrer Scholarship Program. Today, that program has been extended into the First Financial Foundation to assist charitable organizations of the Monmouth & Ocean County Communities.  The First Financial Federal Credit Union Foundation is a non-profit working to support a variety of community programs and organizations throughout Monmouth and Ocean Counties.  We direct 100% of your contributions to programs because all administrative expenses are paid for by First Financial Federal Credit Union.  To learn more, visit http://www.firstffcu.com.

First Financial Foundation Awards 2017 Scholarship to Dartmouth College Student

Press Release

FREEHOLD, N.J.– The First Financial Federal Credit Union Foundation (www.firstffcu.com) awarded a $500 scholarship to Cara Ditmar of Manahawkin, who graduated from Southern Regional High School in Manahawkin. She is now attending Dartmouth College’s (Hanover, NH) School of Arts and Sciences.

In order to qualify for this year’s scholarship, high school seniors attending school in Monmouth or Ocean Counties were given the option to submit a written essay or create a 60 second video clip. The students must also be attending an accredited 2 or 4 year college or university in the fall of 2017. Four winners were selected to receive a $500 First Financial Foundation 2017 Erma Dorrer Literary Scholarship.

This year’s essay topic: You and a friend decide that you would like to start building credit. Discuss with your friend what good credit is, ways to start building credit, how your credit union can help, and the benefits earned by having good credit.

This year’s video topic: Create a 60-second video that covers the importance of financial literacy.

Ditmar submitted a script between herself and a friend, in which she explained that “a credit score represents how financially responsible a person is” and “the better your credit, the more likely it is that companies will be willing to give you loans.” She also mentioned that credit unions, such as First Financial, where she’s had her own student account since 2005, are “great because they’re non-profit, and they are owned by each member of the credit union. They generally have lower interest rates and personalized customer service too.”

“We are thrilled to be able to aid these admirable and bright young students in their journey of success and education,” said First Financial President and CEO, Issa Stephan. “Our credit union puts a high priority on education. After all, that’s how First Financial began 81 years ago – with a group of schoolteachers in Asbury Park.”

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About the First Financial Foundation: Since 1994, First Financial has supported the Monmouth & Ocean communities with the Erma Dorrer Scholarship Program. Today, that program has been extended into the First Financial Foundation to assist charitable organizations of the Monmouth & Ocean County Communities.  The First Financial Federal Credit Union Foundation is a non-profit working to support a variety of community programs and organizations throughout Monmouth and Ocean Counties.  We direct 100% of your contributions to programs because all administrative expenses are paid for by First Financial Federal Credit Union.  To learn more, visit http://www.firstffcu.com.

 

First Financial Foundation Awards 2017 Scholarship to Rutgers University Student

Press Release

FREEHOLD, N.J.– The First Financial Federal Credit Union Foundation (www.firstffcu.com) recently awarded a $500 scholarship to Juliana DiGiacomo of Freehold, who graduated from Biotechnology High School in Freehold. She is now attending Rutgers University’s (Piscataway, NJ) School of Arts and Sciences Honors College.

In order to qualify for this year’s scholarship, high school seniors attending school in Monmouth or Ocean Counties were given the option to submit a written essay or create a 60 second video clip. The students must also be attending an accredited 2 or 4 year college or university in the fall of 2017. Four winners were selected to receive a $500 First Financial Foundation 2017 Erma Dorrer Literary Scholarship.

This year’s essay topic: You and a friend decide that you would like to start building credit. Discuss with your friend what good credit is, ways to start building credit, how your credit union can help, and the benefits earned by having good credit.

This year’s video topic: Create a 60-second video that covers the importance of financial literacy.

DiGiacomo submitted an essay in which she explained that it is important “to develop good credit because it shows banks, credit unions, employers, landlords, utility providers or really anyone, that you can be trusted, not only financially but in many other respects as well.” She ended her essay with the assertion that “being in debt and paying bills seems scary to us right now, but it’s part of becoming an adult.”

“We are thrilled to be able to aid these admirable and bright young students in their journey of success and education,” said First Financial President and CEO, Issa Stephan. “Our credit union puts a high priority on education. After all, that’s how First Financial began 81 years ago – with a group of schoolteachers in Asbury Park.”

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About the First Financial Foundation: Since 1994, First Financial has supported the Monmouth & Ocean communities with the Erma Dorrer Scholarship Program. Today, that program has been extended into the First Financial Foundation to assist charitable organizations of the Monmouth & Ocean County Communities.  The First Financial Federal Credit Union Foundation is a non-profit working to support a variety of community programs and organizations throughout Monmouth and Ocean Counties.  We direct 100% of your contributions to programs because all administrative expenses are paid for by First Financial Federal Credit Union.  To learn more, visit http://www.firstffcu.com.