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KSFCUKern Schools Federal Credit Union
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The Kern Schools Federal Credit Union project was in many ways a proving ground for new technology and an example to other Owners and developers in California's Central Valley.
Chavez and his counterparts in Alabama have filed suits against the $9.4 billion SchoolsFirst Federal Credit Union of Santa Ana, Calif.; the $6 billion Star One Credit Union of Sunnyvale, Calif.; the $1.3 billion Kern Schools Federal Credit Union of Bakersfield, Calif.; the $2 billion Educational Employees Credit Union of Fresno, Calif., the $8.4 billion Alliant Credit Union of Chicago; the $590 million Alabama Telco Credit Union of Hoover, Ala.; and the $1.25 billion America's First Federal Credit Union of Birmingham, Ala.
After a net loss of $12.8 million in 2010, the $1.2 billion Kern Schools Federal Credit Union in Bakersfield, Calif., declared 2011 its best year for financial performance since 2007.
A system upgrade at the $1.5 billion Bakersfield, Calif.-based Kern Schools Federal Credit Union caused frustration early this month among some members who claimed they could neither access their accounts nor reach service representatives for help.
Scott Boyd was credited with generating significant revenue while providing high quality financial and retirement planning services to Kern Schools Federal Credit Union members.
Kern Schools Federal Credit Union was recently recognized by CUSO Financial Services LP for its investment and insurance program.