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.

2017 Holiday Food Collection in all First Financial Branches

It’s the month of giving thanks, and all First Financial branch locations will be collecting non-perishable food items throughout the remainder of this year.

As we approach the 2017 holiday season, First Financial will be partnering with local non-profit organizations to help families in need within Monmouth and Ocean Counties. Our First Financial branches will serve as collection sites for non-perishable food items that will then be donated to the following non-profit organizations:

Toms River Branch: The People’s Pantry

    • The People’s Pantry is in need of cereal, soup, jelly, canned vegetables, and hygiene products for the 2017 holiday season.

Freehold/Howell Branch: Freehold Open Door Pantry

  • Open Door Pantry is requesting canned vegetable soups, pasta, tomato and pasta sauces, peanut butter and jelly, canned meat, canned tuna fish, canned fruit and fruit juices, rice, powdered milk, cereal, jarred baby food, baby formula, cake mix, pudding, salt, pepper, mustard, ketchup, pancake mix, and syrup.

Neptune Branch: Lunchbreak

  • Lunchbreak is requesting bottled water, juice, iced tea, rice, beans, pasta, oats, paper towels, toilet paper, napkins, diapers, snacks (pretzels, crackers, chips), baby formula, canned goods, soups, nuts, peanut butter and jelly, ketchup, mustard, cereal, granola bars, and boxed cake mix.
  • Lunchbreak is also collecting new or gently used clothing items: business casual attire, casual clothing for any season, plus sized clothing, baby/infant clothes, special occasion items, shoes, jewelry, and handbags. *Food/clothing donations will be accepted at the Neptune Branch through 11/22.

Click on the links above to learn more about what each organization is requesting this year. Your donations can be dropped off at any First Financial branch location during business hours.

Please note that the final day for food collection at the Freehold/Howell and Toms River branches will be on Saturday, December 30, 2017.

 Help brighten someone’s holiday this season and thank you for your continued support!

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.

 

First Financial Foundation Awards 2017 Scholarship to Stockton University Student

Press Release

FREEHOLD, N.J. – The First Financial Federal Credit Union Foundation (www.firstffcu.com) recently awarded a $500 scholarship to Nicole Weaver of Toms River, who graduated from Toms River High School North. She is now attending Stockton University (Galloway, NJ) to pursue a B.S. in health science and then a M.S. to become a future physician’s assistant.

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.

Weaver submitted an essay where she explained that “having good credit is extremely important, and if you have good credit you may receive a lower interest rate on big items – such as a house or car.” She also mentioned that “a credit union such as First Financial, can help individuals start building credit by offering help or counseling on how to effectively build your credit without going beyond your means, and that credit unions can also offer low-cost secured loans.”

“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.”

# # #

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.