PHOENIX – In a move designed to better represent its members, Arizona Media Credit Union has changed its name to First Edition Community Credit Union. “We were constantly hearing from people who were interested in joining but they thought the name meant the credit union was only for people in the media,” said Shaun Ongstad, chief operating officer of First Edition Community CU. “For future growth, we needed to change the name to be more inclusive of the community area of 42 zip codes in the Phoenix area in our field of membership.” The $53 million credit union was originally chartered in 1952 to serve the employees of The Arizona Republic and Phoenix Gazette. Over the past 52 years, it has grown to serve many media-related organizations as well as other employers, associations, and organizations.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2022 ALM Global, LLC. All Rights Reserved.