Riverdale, UT – April 18, 2023 – The 84^th Annual Meeting of America First Credit Union (AFCU) was held on Tuesday, April 18, 2023, at 3 p.m. MDT. Linda Carver, current chair of the board of directors, welcomed both in-person and virtual attendees and thanked them for their participation. President/CEO of the Utah Credit Union Association, Scott Simpson, was in attendance along with longtime supporter of the credit union and attorney, Bruce Richards, who served as parliamentarian. Other members of the board were introduced and recognized for their many years of dedication and service to the credit union. Thayne Shaffer, President and CEO was also present and recognized, along with members of senior management. Linda also extended a special word of gratitude towards the 3,270 employees for their hard work, loyalty, and dedication to improving service to our members.

A key focal point to each annual meeting is the election of members to serve on the board of directors. In accordance with America First bylaws, three qualified candidates were identified, screened, and elected by acclamation. John Spease, who serves as chair of the Nominations Committee, explained the qualifications, duties and responsibilities required of board members. Mr. Spease announced the election results, and we congratulate Linda Carver, Gil Miller, and James Wendler who will continue to serve as members of the board of directors for America First Credit Union. These volunteers generously give of their time, talents, expertise, and experience for the betterment of the credit union and have the financial well-being of the members in mind.

Remarks from both Linda Carver and Thayne Shaffer are recorded in the 84^th Annual Meeting report, and their messages can be viewed online under the Memberline link. Linda closed the meeting with a heartfelt message of sincere appreciation to the members and recognized the turbulent economic times and challenges members face. She expressed gratitude for the opportunity to serve and conveyed commitment and dedication to work through hard times with the hopes of a bright future. Meeting adjourned at approximately 3:15 p.m. MDT.

FOR IMMEDIATE RELEASE

Last Call for Applications for Ten Scholarships Valued at $5,000 Each

SALT LAKE CITY – April 21, 2023 – America First Credit Union (AFCU) is accepting applications for its America First Charitable Foundation Scholarship Program until April 30. In celebration of its fifth year of the scholarship program, AFCU is increasing the ten scholarships to $5,000 each ($1,000 in previous years) for graduating high school seniors and undergraduate students at two- and four-year technical colleges or universities who share a desire to serve others.

The mission of the America First Charitable Foundation is to encourage and administer contributions for educational scholarships. These are awarded based on a student’s commitment to community service as well as leadership and academic potential. They are intended to help America First members pursue post-secondary education and training.

To be eligible, applicants must submit a copy of their current transcript, including their grade point average (GPA), as well as their hours of community service. Applicants must also submit a short essay on how their community service exemplifies the credit union philosophy of people helping people—those who play an active role in giving back to their community, whether through volunteering or other meaningful contributions of time, effort, and care.

All applications will be reviewed by a selection committee consisting of America First employees who represent diversity in business, education and community background. Selection is made without regard to applicant’s race, color, national origin, religious belief, sex, marital status, age, or physical handicap.

The deadline is fast approaching. Applications must be received no later than Sunday, April 30, 2023. The scholarship application can be found and submitted on America First’s website.

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ABOUT AMERICA FIRST CREDIT UNION

Proudly celebrating 84 years of servicing members and a long-standing history, America First Credit Union has become one of the largest, most stable, and most progressive credit unions in the country, and has remained a member-owned, not-for-profit cooperative financial institution. Today, America First has 119 locations, and is the eighth largest credit union in assets in the United States with over $17 billion, and the sixth largest credit union in membership in America with more than 1.3 million members.

MEDIA CONTACTS:

Dave Nellis
America First Credit Union
801.827.8606
dcnellis@americafirst.com

FOR IMMEDIATE RELEASE

RIVERDALE, UT – April 21, 2023 – In celebration of National Financial Literacy Month, America First Credit Union (AFCU) is awarding ten (10) classroom parties to lucky local schools. AFCU strongly believes that teaching the next generation about smart money management and good monetary habits can put them on the path to financial success. To nominate a class, simply write a brief essay or recorded video about why financial literacy is important. Essays and videos can be submitted through AFCU’s website no later than April 30, 2023.

When it comes to managing money, education is the foundation to understanding the ins and outs of finance. A report from the National Financial Educators Council shows that 38% of individuals in a recent survey said their lack of financial literacy cost them at least $500 in 2022, including 15% who said it set them back by $10,000 or more—up from about 11% in 2021.

To aid in financial literacy in the community, AFCU offers a free program, FUNDamentals—a customizable, financial literacy program created for kindergarten through 12th grade students and teachers.

“Our goal is to make financial literacy easily accessible to educators and students,” said Thayne Shaffer, president and CEO of America First Credit Union. “FUNDamentals is designed to make learning about finances fun and engaging. By teaching youth about money matters, we can help put them on the path to financial success.”

The program includes various full-lesson plans for K–fifth and sixth–12th grades covering topic areas that address 10 of the most important critical life skills, including spending, saving, getting a loan, and other financial subjects. Each includes engaging animated videos, handouts, presentations, lesson plans, printable certificates, and other useful resources to inform students while keeping them entertained. Lessons are aligned with Utah State Financial Literacy graduation requirement, Common Core Math, and Common Core English Language Arts requirements. Compared to other programs on the market, FUNDamentals is a free, has up-to-date information, and offers specialized content catered to youth.

Teachers can request access to the program a free virtual or an in-person visit from a guest speaker by visiting education.americafirst.com.

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ABOUT AMERICA FIRST CREDIT UNION

Proudly celebrating 84 years of servicing members and a long-standing history, America First Credit Union has become one of the largest, most stable, and most progressive credit unions in the country, and has remained a member-owned, not-for-profit cooperative financial institution. Today, America First has 119 locations, and is the eighth largest credit union in assets in the United States with over $17 billion, and the sixth largest credit union in membership in America with more than 1.3 million members.

MEDIA CONTACTS:

Dave Nellis
America First Credit Union
801.827.8606
dcnellis@americafirst.com

Kelsey Richardson
R&R Partners
801.913.9454
kelsey.richardson@rrpartners.com