Complex sentence: SchoolsFirst FCU was founded in 1934 by a group of 125 school employees who pooled $1,200 and established "Orange County Teachers Credit Union" with a California state charter; a switch to a federal charter in 1983 added "Federal" to its name.
Split into simpler sentences: SchoolsFirst FCU was founded in 1934 by a group of 125 school employees who pooled $1,200 and established "Orange County Teachers Credit Union" with a California state charter. A switch to a federal charter in 1983 added "Federal" to its name.