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Overview / Commentary
714-893-5111
P.O. Box 4860
Long Beach, CA 90804

LBS Financial Credit Union is headquartered in Long Beach and is the 30th largest credit union in the state of California. It is also the 183rd largest credit union in the nation. It was established in 1935 and as of December of 2013, it had grown to 200 employees and 118,173 members. LBS Financial Credit Union's savings rates are 4X the national average, and it boasts a A+ health rating.

Field of Membership Restrictions

Field of membership includes those who reside or work or have an immediate family member who lives or works in Orange or Riverside County, or in one of several cities in Los Angeles County. See site for details. Membership requires a $5 minimum deposit into your share savings account and a $1 membership fee. - See Details

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Health

Data for Q4 2013

Institution Health

A+

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 LBS Financial Credit Union had $2.21 million in non-current loans and owned real-estate with $149.4 million in equity and loan loss allowances on hand to cover it. This gives LBS Financial Credit Union a Texas Ratio of 1.48% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for LBS Financial Credit Union decreased dramatically from 3.06% as of December 31, 2012 to 1.48% as of December 31, 2013, resulting in a positive change of 51.71%.This indicates that the balance sheet and financial strength for LBS Financial Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
B+

In the past year, LBS Financial Credit Union has increased its total deposits by $25.69 million, resulting in 2.78% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth LBS Financial Credit Union has shown is above average.

Capitalization

GRADE:
A+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. LBS Financial Credit Union has $1.1 billion in assets with $149.4 million in equity, resulting in a capitalization level of 13.59%, which is excellent.

Institution Statistics

Overall
NCUA #68460
Year Chartered1935
Employees200
Primary Regulator
Assets and Liabilities
Assets$1.10 billion
Loans$753.73 million
Deposits$951.22 million
Equity Capital$143.28 million
Loan Loss Allowance$6.12 million
Unbacked Noncurrent Loans$2.21 million
Real Estate Owned$0
Historic Data - December 2012
Assets$1.06 billion
Equity Capital$131.38 million
Loan Loss Allowance$7.05 million
Unbacked Noncurrent Loans$2.21 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin4.29%
Return on Assets0.87%
Return on Equity6.66%
Interest Income$37.52 million
Rates

Always verify rates and promotions with the bank or credit union. We are not LBS Financial Credit Union, we are a rate comparison website and can not provide official rates or promotions.

LBS Financial Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
2.02%--Mortgage Impound Account
2.02%--Escrow Account
2.02%--Salary Plan Accounts
0.15%$100-Regular Savings
0.15%--Special Savings Account
0.15%--IRA Savings Account
0.15%--Roth IRA Savings Account
0.15%--Special Occasion Club

LBS Financial Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.40%$100k-Money Market

LBS Financial Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.10%$750-Choice Checking

LBS Financial Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
2.00%$90k-60 Month Jumbo Share Certificate
1.95%$50k-60 Month Gold Share Certificate
1.90%$20k-60 Month Silver Share Certificate
1.85%$2,500-60 Month Bronze Share Certificate
1.45%$90k-48 Month Jumbo Share Certificate
1.40%$50k-48 Month Gold Share Certificate
1.35%$20k-48 Month Silver Share Certificate
1.35%$90k-42 Month Jumbo Share Certificate
1.30%$2,500-48 Month Bronze Share Certificate
1.30%$90k-36 Month Jumbo Share Certificate
1.30%$50k-42 Month Gold Share Certificate
1.25%$20k-42 Month Silver Share Certificate
1.25%$50k-36 Month Gold Share Certificate
1.20%$2,500-42 Month Bronze Share Certificate
1.20%$20k-36 Month Silver Share Certificate
1.15%$2,500-36 Month Bronze Share Certificate
1.15%$90k-30 Month Jumbo Share Certificate
1.10%$50k-30 Month Gold Share Certificate
1.05%$20k-30 Month Silver Share Certificate
1.01%$2,500-30 Month Bronze Share Certificate
1.01%$90k-24 Month Jumbo Share Certificate
0.95%$50k-24 Month Gold Share Certificate
0.90%$20k-24 Month Silver Share Certificate
0.90%$90k-18 Month Jumbo Share Certificate
0.85%$2,500-24 Month Bronze Share Certificate
0.85%$50k-18 Month Gold Share Certificate
0.80%$20k-18 Month Silver Share Certificate
0.75%$2,500-18 Month Bronze Share Certificate
0.75%$90k-12 Month Jumbo Share Certificate
0.70%$50k-12 Month Gold Share Certificate
0.65%$20k-12 Month Silver Share Certificate
0.65%$90k-9 Month Jumbo Share Certificate
0.60%$2,500-12 Month Bronze Share Certificate
0.60%$50k-9 Month Gold Share Certificate
0.55%$20k-9 Month Silver Share Certificate
0.55%$90k-6 Month Jumbo Share Certificate
0.50%$2,500-9 Month Bronze Share Certificate
0.50%$50k-6 Month Gold Share Certificate
0.45%$20k-6 Month Silver Share Certificate
0.45%$90k-3 Month Jumbo Share Certificate
0.40%$2,500-6 Month Bronze Share Certificate
0.40%$50k-3 Month Gold Share Certificate
0.35%$20k-3 Month Silver Share Certificate
0.30%$1k-3 Month Bronze Share Certificate

LBS Financial Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.15%$90k-30 Month Jumbo IRA (Traditional,Roth)
1.10%$50k-30 Month Gold IRA (Traditional,Roth)
1.05%$20k-30 Month Silver IRA (Traditional,Roth)
1.01%$100-30 Month Bronze IRA (Traditional,Roth)
1.01%$90k-24 Month Jumbo IRA (Traditional,Roth)
0.95%$50k-24 Month Gold IRA (Traditional,Roth)
0.90%$20k-24 Month Silver IRA (Traditional,Roth)
0.90%$90k-18 Month Jumbo IRA (Traditional,Roth)
0.85%$100-24 Month Bronze IRA (Traditional,Roth)
0.85%$50k-18 Month Gold IRA (Traditional,Roth)
0.80%$20k-18 Month Silver IRA (Traditional,Roth)
0.75%$100-18 Month Bronze IRA (Traditional,Roth)
0.75%$90k-12 Month Jumbo IRA (Traditional,Roth)
0.70%$50k-12 Month Gold IRA (Traditional,Roth)
0.65%$20k-12 Month Silver IRA (Traditional,Roth)
0.60%$100-12 Month Bronze IRA (Traditional,Roth)
0.55%$90k-6 Month Jumbo IRA (Traditional,Roth)
0.50%$50k-6 Month Gold IRA (Traditional,Roth)
0.45%$20k-6 Month Silver IRA (Traditional,Roth)
0.40%$100-6 Month Bronze IRA (Traditional,Roth)
Locations


LBS Financial Credit Union Locations
Branch Office4436 Atlantic AveLong Beach, CA 90807
Branch Office5505 Garden Grove BlvdWestminster, CA 92683
Branch Office6417 E Spring StLong Beach, CA 90808-4022
Branch Office1401 Quail StNewport Beach, CA 92660-2744
Branch Office11239 183rd StCerritos, CA 90703-5417
Branch Office4341 E 10th StLong Beach, CA 90804-5511
Branch Office4916 Bellflower BlvdLakewood, CA 90713-1810