First Federal Honored with Corporate Philanthropy Award Six Years Running
First Federal received a 2014 Corporate Philanthropy Award from the Portland Business Journal at an awards banquet in Portland on September 18. The award recognizes First Federal's charitable giving programs and the commitment it represents to the community. This is the 6th consecutive year First Federal has earned this honor. Thirty businesses in Oregon and Southwest Washington received Corporate Philanthropy Awards based on the size of their businesses - small, medium, and large - and First Federal ranked fourth overall in the small company category, which is for businesses with revenue of less than $10 million per year. "First Federal has a deep and long-standing commitment to Yamhill County and to the many non-profit organizations who serve our communities. As the newly appointed CEO, I can assure you this tradition of corporate giving and service to our communities will continue. We are proud of our employees for their commitment to these organizations and honored to be recognized as leaders in the field of corporate giving in the state of Oregon," said Jim Schlotfeldt, President and CEO of First Federal.
First Federal selects Jim Schlotfeldt as President and Chief Executive Officer
Jim Schlotfeldt, Chief Financial Officer at First Federal since 2012, has been named as President and Chief Executive Officer to replace Marshall "Rocky" Wade who has led the organization in that position for the past 17 years (and has been with First Federal for 40 years). Schlotfeldt will assume such duties on September 2. "With more than 29 years in financial institutions, Jim understands the needs of our business and individual customers and also understands First Federal's deep and long-standing commitment to our community. We are confident that Jim will be a dynamic leader for our organization and continue that commitment in the future," said Doug Hurl, Chairman of the Board of First Federal. Wade will continue as a member of the Board of Directors. Best wishes to Jim in his new position, and a big "thank you" to Rocky for his many years of leadership and best wishes for his retirement.
First Federal Community Rewards Program donates $20,000 to non-profits based on customers' volunteer efforts
Now in its 7th year, First Federal reopened its Community Rewards program on May 1. The program pays $2 for each hour our customers volunteer with a local non-profit, up to a maximum of $500 per organization. In less than two months, First Federal customers had volunteered over 10,000 hours. Seventy-nine (79) non-profit organizations working in Yamhill County will receive funds as part of this program. A big thanks to our 407 customers who volunteered their time to do good works and earn money for their favorite non-profits!
First Federal Internship Program at Linfield
First Federal and Linfield College partnered for the 5th year to provide Community Internships to five Linfield students during spring term 2014. The students took on short-term paid internships with charitable organizations in Yamhill County. This year the students worked on projects for Juliette's House, McMinnville Montessori School, Natural Connections/Miller Woods, Yamhill County 4-H and Yamhill Community Action Partnership (YCAP). The internship program is a wonderful community partnership, having great impact on both the lives of the students and the organizations for which they intern.
First Federal Heads to Elementary Schools for "Teach Children to Save Day"
In conjunction with National Financial Literacy Month and "Teach Children to Save Day," First Federal employees visited 2nd and 3rd grade classrooms in McMinnville, Amity, Carlton, Sheridan, Newberg and Dundee schools to help teach over 500 children the importance of saving. "Teach Children to Save Day" is a national initiative and bankers across the country participate in this important work.
First Federal Community Shred Day in Newberg a Success!
April 12, 2014
Security is a priority at First Federal and helping community members protect their identities is just one of the ways First Federal is helping to create a safer community for everyone in Yamhill County. On Saturday, April 12, First Federal sponsored its annual Shred Day event in Newberg (13th event overall) by bringing a commercial shredding service to the bank parking lot to provide quick, confidential and secure document shredding to customers and community members. Over the course of the morning, over 172 cars came through the parking lot, shredding over 16,000 pounds of paper. Watch for information about the next Shred Day event, to be held in McMinnville, on Saturday, October 18, 2014, helping to create a safer community for everyone in Yamhill County.
You Voted, We Donated! $40,000 to Local Non-Profits
For the 16th year in a row, First Federal customers have helped allocate thousands of donation dollars through First Federal's Customer Ballot Program. We know it's important to serve our neighbors by providing exceptional personal banking options and by investing in non-profit organizations in our community. That's why we donated $40,000 through customer ballots this year, for a 16-year total of $600,000. Checks were delivered to 74 Yamhill County non-profits to help strengthen our communities. The top five non-profits receiving the highest funds based on your vote were: Homeward Bound Pets, YCAP Food Bank, St. Barnabas Soup Kitchen, St. Vincent de Paul, and Pregnancy Counseling & Information Center.
Thanks again for participating in the Customer Ballot Program, and we hope you will continue supporting our communities by voting again next year!
17th Annual Holiday Blanket & Book Drive Helps Yamhill County Families