Fox Federal Credit union


Overview / Commentary
310-432-2344
1990 Westwood Blvd Suite 270
Los Angeles, CA 90025

Fox Federal Credit union is headquartered in Los Angeles and is the 202nd largest credit union in the state of California. It is also the 2,410th largest credit union in the nation. It was established in 1965 and as of December of 2020, it had grown to 10 employees and 3,395 members at 4 locations. Fox Federal Credit union has a B+ health rating.

Field of Membership Restrictions

Fox Federal Credit Union is open to employees of Fox Business Network, Fox News Channel, Fox Broadcast Network, Fox TV Stations, Fox Broadcasting Company, Fox Sports, Fox Studios, and groups listed under 21st Century Fox., News Corporation. (a full list of groups is posted on the credit union's website)
See current membership details

Reviews (2)

WARNING: Worst Bank Ever.

Posted by: |

Do not put your money in this bank! We placed our funds in this credit union thinking they were safe and have been given the run-around for months now that we are trying to close the account (in favor of switching to a competent institution). We have spoken to representatives on the phone, gone in person and waited in a tiny room for multiple days and hours on end. We have been promised by the manager that a cashier's check would be ready for pick-up, and have been denied again and again. We are not the only ones waiting for our money, there are multiple people tied up in and by this institution who feel they have no recourse. One star is the lowest rating available on this site, but they have earned less than that. They should be reported to the Federal Reserve.

Fox Credit Loan Services

Posted by: |

The recent experience I had with Fox Credit Loan Services Center was the worst lender communication and most incompetent experience I have ever had in over 35 years with any lending institution.

I am very surprised and disappointed at Fox Credit Union regarding how they treat their customers and handle their car loan accounts.



Health
B+
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Fox Federal Credit union has a relatively low asset base.

Health Grade Components

Overall
NCUA #16954
Year Chartered1965
Employees10
Primary Regulator
Profit Margin
Return on Assets - YTD-0.14%
Return on Equity - YTD-1.8%
Annual Interest Income$1.4MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$52.4MM$48.0MM
LoansQ4 2020vs Q4 2019$31.0MM$28.3MM
DepositsQ4 2020vs Q4 2019$48.0MM$43.7MM
Equity CapitalQ4 2020vs Q4 2019$4.1MM$4.2MM
Loan Loss AllowanceQ4 2020vs Q4 2019$170.00K$297.00K
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$20.00K$107.00K
Real Estate OwnedQ4 2020vs Q4 2019$0$0
Rates

Rates for Fox Federal Credit union are currently being reviewed.

Locations


Fox Federal Credit union Locations
Branch Office1211 Avenue of the Americas Fl 18New York, NY 10036
Branch Office10301 W Pico Blvd Fab 100Los Angeles, CA 90064
Branch Office1990 Westwood Blvd Suite 270Los Angeles, CA 90025
Branch Office10201 W Pico Blvd Building 57Los Angeles, CA 90064

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