Latest News

Keeping you updated on what’s happening at SF Fire Credit Union.

Latest News & Firefighter's Corner

Home Loans Just Got Easier: Purchase or Refinance

If you are buying a new home, or if you want to refinance an existing loan, we want to help. Our dedicated real estate loan officers will guide you through the process of determining what loan is right for you. We offer a variety of Fixed or Adjustable Rate Loans to meet your needs.

Fixed-Rate Mortgage

  • Locks in a set interest rate for the life of the loan
  • Often best for homebuyers who will stay in the home for many years
  • Often best for homebuyers who expect their income to be stable over time

Adjustable-Rate Mortgage

  • Interest rate adjusts with the market
  • Often best for homebuyers who plan to sell their home in a few years
  • Often best for borrowers who expect their income to increase over time

Home Equity Loans & Credit Lines

  • Use your home’s value to get cash to accomplish current goals
  • Affordable options for one-time loans or multi-year credit line access
  • Potential tax advantages (consult your tax advisor)

Apply Today

  • Online:Mortgage Application
  • Over the Phone: Contact a mortgage loan consultant directly 415.674.4800 ext 778
    Monday – Friday from 8:30am – 6:00pm | Saturday from 8:30am – 3:00pm
    -
    Rates are subject to change on a daily basis; to view the current rates and learn more, click here

Visit www.sffirecu.org or call for current real estate credit rates, terms and restrictions. All loans subject to credit approval.

Protecting Your Accounts from Identity Theft

Here are a few basic steps you can take to avoid becoming a victim of identity theft:

Identity theft is the fraudulent use of a person’s personal identifying information. Often, identity thieves will use another person’s personal information, such as a Social Security number, mother’s maiden name, date of birth, or account number to open fraudulent new credit card accounts, charge existing credit card accounts, write share drafts, open share accounts, or obtain new loans.

CEO Update: Kathy Elser Named New CEO of SF Fire Credit Union

Our Board of Directors is pleased to announce the appointment of Katherine “Kathy” Elser as the new President and Chief Executive Officer. “What impressed us about Kathy is that she demonstrated the ability to balance prolonged growth while maintaining safety and soundness. She has the experience to lead during a time when credit unions continue to face disruptive and competitive forces. Her robust industry network will also serve our members well.” stated John Sweeney, San Francisco Fire Credit Union’s Board Chairman.

“San Francisco Fire is a vibrant and growing credit union that is deeply committed to its members and the communities it serves. A commitment to members is a top priority and passion of mine. I’m excited to see how I can lead the credit union to new levels while never losing sight of delivering an exceptional member experience.” said Elser.

Prior to San Francisco Fire, Ms. Elser was the CFO/SVP of Finance & Administration for Boeing Employees Credit Union where she was responsible for overall strategic positioning of the credit union and served as an Executive Management Team member. Elser’s career includes 20 years with BECU, a period during which she laid the foundation for and managed the institution’s exceptional performance and growth. She earned a reputation for being a collaborative leader, a dedicated mentor and a member advocate. Earlier in her career she worked in public accounting at Deloitte & Touche, LLP, and at various other financial institutions in both financial reporting and internal audit.

In 2012, Ms. Elser was awarded the Puget Sound Business Journal’s “2012 CFO of the Year”; category- Large Private Company. She serves on various community and industry executive committees and boards of directors. She also participates as a panelist and presenter at various credit union education forums and conferences. Elser is a graduate of the CUES CEO Institute and Cardwell 360 Leadership Institute. She holds a BS in accounting from Central Washington University and a MBA from Pepperdine University.

Understanding the Surcharge-Free CO-OP ATM Network

At the beginning of 2017, the Credit Union reviewed its fee schedule to ensure that services continued to offer value to members, while at the same time providing enough revenue to cover increasing operating expenses. As a result, a few fees were changed on March 1st, 2017. The most notable changes related to ATM usage:

  • The number of monthly ATM rebates was reduced from twelve to six
  • The number of free ‘out-of-network’ (Non Credit Union CO-OP™ Network ATMs) transactions was limited to six per month
  • After six free ‘out-of-network’ ATM fees, a $2.00 fee on each transaction performed thereafter.

With over 30,000 surcharge-free, ‘in-network’ ATMs in the Credit Union CO-OP Network and easy-to-use ATM locator tools available, we’re confident the majority of our members will continue to have easy access to cash at minimal or no cost.

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Surcharge-Free CO-OP Network ATMs & Free Cash-Back at Retailers

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Locating a Surcharge-Free CO-OP Network ATM

You can locate a Surcharge-Free CO-OP Network ATM on our website:
1. Visit www.sffirecu.org.
2. Click on the red “FIND A BRANCH OR ATM” button under the section which lists our Contact Center and Branch Hours.
2. Enter your location in the search bar or simply click on the “Surcharge-Free ATMs” tab to get a list of available ATM locations.

Locate a Surcharge-Free CO-OP Network ATM using our free Mobile App:
(on an Apple iPhone or Google/Android phone)
1. Launch our mobile app on your tablet or smartphone.
2. On the log-in screen, touch/tap the "Locations” icon.
3. A map will appear which allows you to enter an address or zip code.

Congratulations to the San Francisco Fire Department's Newest H-3 EMTs

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The San Francisco Fire Department had 25 H-3 Level 1 EMT (Emergency Medical Technician) recruits graduate their intensive program training. This was the 12th H-3 Level I EMT Class. The ceremony took place at the Treasure Island Training Facility on February 24th.

2017 Arthur F. McIntyre Scholarship

About the Scholarship

Every year, the scholarship program awards $2,500 each to two high school-level and two college-level students.

The purpose of this scholarship is to educate our members about credit unions. The essay topic explains the credit union philosophy and relating it to the individual, the community, and the country as a whole — now, and in the future.

Eligibility

  1. Student must be a member of SF Fire Credit Union in good standing.
  2. Enrolled as a full-time student in an accredited university, college, community college,
    or high school.
  3. Current grade point average of 2.5 or higher.
  4. Previous scholarship recipients must wait one year after awarding of a scholarship to apply again.

2017 Winners

The 2017 Arthur F. McIntyre Scholarship Winners are:
Maeve Diepenbrock (High School)
John Salvemini (High School)
Marisa Hagan (College)
Ryann Miguel (College)

Recipients were publicly announced at our Annual Meeting on February 20th, 2017.

About Arthur F. McIntyre

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Arthur retired from the San Francisco Fire Department in 1976, after 30 years of service – the majority of which were spent at Engine 17, located behind the Mint at 5th and Jessie.

In addition to his career as a Firefighter, Arthur was also a veteran of WWII, a referee for both High School and College level basketball, a supervisor of the officials for the Pac Ten Conference, and was a key advocate for the improvement of working conditions for Firefighters in San Francisco.

In 1951, at the request of then Fire Chief Edward Walsh, Arthur became the first manager of SF Fire Credit Union. Through his vision and tireless efforts, Arthur served as the spark that made the Credit Union what it is today.

Expired: Balance Transfer Promotion

Save with Our Lowest Promo Rate on Balance Transfers
This promotion expired on February 15, 2017

Do you have credit card balances with other financial institutions which charge you more than 2.99% Annual Percentage Rate? If so, our balance transfer offer could be a smart choice for you. Between January 16, 2017 through February 15, 2017, we are offering a 2.99% Promo APR for 12 statement cycles on balances transferred from other financial institutions.

After February 15, 2018, your standard interest rate will apply. There is NO BALANCE TRANSFER FEE.

Click here to learn more.

St. Patrick's Day Parade Local 798 Marching Unit

166th Annual St. Patrick’s Day Parade

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Bay View Boat Club
489 Terry Francois Blvd
San Francisco, CA

Saturday, March 11, 2017
8:00AM to 12:00PM

Parking: 50 spaces available at Boat Club (Additional parking on street)

Upcoming Changes to Fees and Contact Center Hours

Changes to Fees

We reviewed our fee schedule to ensure that our services are appropriately priced, while at the same time providing enough revenue to cover our operating expenses. Just a handful of fees will be changing on March 1st, with the most notable related to ATM usage. The number of monthly ATM rebates will be reduced from twelve to six. We’ll also be limiting members to six free ‘out-of-network’ transactions per month, with a fee on each transaction performed thereafter. We expect these changes to ATM fees to impact less than five percent of our membership, and with over 30,000 surcharge-free, ‘in-network’ ATMs in the Credit Union CO-OP Network and easy-to-use ATM locator tools available, we’re confident members will continue to have easy access to cash at minimal or no cost.

New Contact Center Hours

To better align demand (volume of calls) with the work-life balance of employees, we are reducing our Contact Center hours (effective February 1st). The Contact Center will be available Monday – Saturday from 7AM to 8PM (Pacific), and closed Sundays and major holidays. As with our current ‘After Hours’ phone services, members will continue to have the ability to perform account transactions and inquires with our trusted partner, Shared Branching, when we are closed.

ACH Direct Deposit Changes

As a benefit to our members, we often process direct deposit funds into their accounts one day earlier than the scheduled posting date, prior to us receiving the funds from the sender. However, the National Automated Clearing House Association (NACHA) has changed the rules, as of September 23, 2017, to include additional Same Day Settlement options.

Due to these changes, payrolls, financial institutions, and agencies may elect to send their files within a different time frame than they have done traditionally. This could impact the date SF Fire Credit Union receives direct deposit files, which potentially impacts the ability to post funds early. While we may no longer be able to credit direct deposits early, your funds will still post by the pay date listed on your check.

We apologize for any inconvenience this may cause.

FREQUENTLY ASKED QUESTIONS ABOUT ACH DIRECT DEPOSIT

Q: What is ACH?
A: ACH (Automated Clearing House) is an electronic network for financial transactions in the United States.
ACH transactions include direct deposit, payroll and merchant payments.

Q: What is NACHA?
A: NACHA (National Automatic Clearing House Association) is a not-for-profit trade association that manages the
development, administration, and governs the operating rules and business practices for the nationwide network
of ACH transactions.

Q: Why has NACHA implemented this new rule?
A: This rule enables ACH originators the ability to move ACH payments faster. This includes same day processing
of ACH transactions in the future.

Q: Why is SF Fire Credit Union making this change?
A: With the adoption of the NACHA Rule, we may not receive direct deposit files early to post them.

Q: Does this apply to all banks or credit unions?
A: Yes. All financial institutions must comply with the new ACH rules.

Q: When will this take effect?
A: This change takes effect September 23, 2017.

Q: Does this change affect deposits and withdrawals?
A: At this time this change only impacts ACH deposits.

Q: How may this impact the posting of my payroll direct deposit?
A. Your payroll direct deposit may not be received to post to your account until your actual pay date.

Q: What will happen if I have automatic withdrawals scheduled around receiving my deposit early?
A: You will need to modify your automatic payments based on your expected direct deposit dates determined by
your employer or depositing agency.

Q. Will this change impact my Social Security deposit?
A. Your Social Security direct deposit may not be received until your actual pay date to post to your account.

Q. Will this change impact my City of San Francisco payroll deposit?
A. Your City of San Francisco payroll direct deposit may not be received until your actual pay date to post to your account.