Jul 25, 2025

America First Federal Credit Union and Meadows Bank Enter into a Purchase and Assumption Agreement

  Strengthens Business Lending Capabilities and Adds Meadows Bank’s Premier Team of Local Business Advisors in Nevada & Arizona   July 25, 2025   America First Federal Credit Union and Meadows Bank are pleased to announce that we have entered into an agreement under which America First will purchase substantially all of the assets of Meadows Bank and assume substantially all of its liabilities. The closing of the transaction is subject to customary closing conditions, including receipt of regulatory and Meadows Bank shareholder approvals. Upon closing the transaction, Meadows Bank will operate under the name: Meadows Financial: a division of…
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Jul 09, 2024

America First Credit Union partners with Loquat Inc for small business account onboarding

Top 10 credit union will adopt a new small business banking platform to create a streamlined digital process for business members for digital account opening, virtual cards, payments and reporting Ogden, Utah – July 9, 2024 – America First Credit Union has selected Loquat Inc. to help enhance the onboarding experience for small business members. The partnership will equip small business owners with time-saving mobile solutions to make it easier, faster and more secure to run their business and have full control over their finances. “We’ve seen significant small business account growth across our membership — and these members want to…
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Mar 15, 2024

Celebrating 85 Years of Service

by Thayne Shaffer, President & CEO, America First Credit Union On March 16, 1939, 59 people met without fanfare at the Hotel Newhouse in Salt Lake City to form a small financial cooperative. The members of that group believed they would be stronger together, and that by pooling their resources they could create opportunities that would be unavailable to them individually. More than that, they believed in the worth of their dreams, and in each other. That unassuming gathering was the charter meeting of the Fort Douglas Civilian Employees Credit Union—or, as it has been knowns since 1984, America First…
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Jan 11, 2024

The No. 1 credit union SBA lender is hanging out the help wanted sign

Six years ago, when America First Credit Union in Salt Lake City decided to move into Small Business Administration lending, CEO John Lund gave his team simple instructions. "He told us to be No. 1," Blake Weathers, America First's senior vice president of commercial lending recalled.   America First Credit Union in Salt Lake City is angling to grow its 7(a) lending business by hiring additional loan officers.   The $19.1 billion-asset America First responded. Its volume of loans closed under the 7(a) loan guarantee program — SBA's largest program — jumped from $2.1 million in the agency's 2017 fiscal…
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Jan 31, 2023

2023 Annual Meeting Update

Volunteers Dedicated to Serving You In accordance with America First bylaws, the Board of Directors Nominations Committee has identified three members who will stand for election by acclamation at the credit union’s Annual Meeting on April 18, 2023, at 3 p.m. MDT. After thorough interviews and qualification screenings, the Board candidates are: Linda Carver Gil Miller James Wendler These volunteers selflessly give of their time, talent, expertise, and experience to enhance our financial well-being, and we congratulate them on their nominations. We invite all of our members to watch the 2023 Annual Meeting live video stream by clicking the button…
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Jan 28, 2022

2022 Annual Meeting Update

The Nominations Committee has selected the following three candidates to fill the open positions on the Board of Directors at the upcoming America First Credit Union Annual Meeting: Barney Chapman Ted Maxfield Kenlon Reeve Any nominations by petition must be received by February 28, 2022 at 5 p.m. MST. In order to be considered valid, they need to be signed by at least 500 members, along with a 150-word qualification statement by the nominee. If you have any questions regarding the qualification statement, please contact us. Members must submit petitions for nominations at the America First Credit Union corporate office,…
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Oct 25, 2021

Proposed IRS Reporting Requirements

The Biden Administration is proposing that all financial institutions be required to report annual information returns to the IRS on the inflows and outflows of all business and personal accounts totaling over $600 in a given year.  If this passes, America First would be required to comply.  The credit union is opposed to this, and we are currently working with our Congressmen and Senators in Washington to express our concerns. “We don’t trust anyone with our members’ sensitive information”, said Thayne Shaffer, president and chief executive officer at America First Credit Union.  “America First is opposed to being compelled to…
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Jan 01, 2020

Volunteer Service Highlights Annual Meeting

In accordance with America First Credit Union bylaws, four members will be elected to three-year terms on our Board of Directors at the Annual Meeting. It is scheduled for 7 p.m. on April 21, 2020 at the David S. Eccles Conference Center in Ogden, Utah. Incumbent volunteers, who serve without compensation, are: Linda K. Carver | Gil A. Miller | James G. Wendler | David M. McConkie Those interested in becoming directors must meet the following minimum standards: Membership in good standing Legal age (18 years or older) Bondable Free from any conflicts of interest Available for all Board of…
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May 01, 2019

Get in Good Shape Online

Not only is spring a time when folks decide to exercise more regularly, it also presents a great opportunity to get your cyber security self in top shape. And we have a quick & easy workout to help guard against these constant threats. Create complicated social media passwords using numeral-letter combinations, as well as special characters, for each platform. Having just one is an open invitation to criminals. Don’t make phrases short and personal, such as using your pet’s name, birthdays, etc. You might be surprised at how much a hacker can discover about you. Remember to change passcodes routinely,…
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Feb 01, 2019

Choose TurboTax & Save

Get the best refund for less with TurboTax® and America First. We’re offering exclusive member discounts on the web’s #1 filing software: Easy to use Double-checks your work Searches for every deduction & credit Go here for details.
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