LA Financial Credit Union


Overview / Commentary
800-894-1200
177 E Colorado Blvd Ste 900
Pasadena, CA 91105

LA Financial Credit Union is headquartered in Arcadia and is the 87th largest credit union in the state of California. It is also the 694th largest credit union in the nation. It was established in 1937 and as of December of 2024, it had grown to 77 employees and 22,978 members at 5 locations. LA Financial Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership in LA Financial Credit Union is open to those who live, work, worship, volunteer, or attend school in Los Angeles County, California or Lake Havasu City, Arizona. Employees of the City of Los Angeles also qualify for membership, as do immediate family members of a current LA Financial Credit Union member or employee.
See current membership details

Related Posts

5Yrs At 4.80% For 100K, For Those In Los Angeles or part of AZ - 10/30/2024

Saw on Deposit quest that LA financial is still offering 4.80% for 5 years for 100k, for those who live/work/volunteer/eat frozen yogurt in Los Angeles county or Havasu city area AZ. 5 years cd at 4.80% and only 180 day penalty is darn good, especially in calif where rates are usually pretty low. Local deal, but if you qualify and have 100k, good deal. Rates for under 100k nothing special. https://depositquest.substack.com/p/deposit-diary-daily-154

LA Financial CU Offering 4.8% APY On A 5-Year CD For $100,000 And Up - 4/13/2024

LA Financial Credit Union, headquartered in Pasadena, CA, is offering a 5-year CD at 4.80% APY for balances of $100,000 and up, or 3.45% APY or less for lower balances. This rate applies to both regular accounts and IRAs. This CD has been offered at this rate for sometime now. It has not been picked up in the CD rates charts. https://www.lafinancial.org/join-us/about-la-financial/ Branches are in Pasadena, downtown Los Angeles (free parking next to the CU) and Norwalk, all in California, and also in Lake Havasu City, AZ. (You will need to double check if this deal is the same at the Lake Havasu branch). This is a local CU, unless you are related to a current member or current employee of the CU. Still, they are in the shared branch system. Membership eligibility: •Live, work, worship, volunteer or attend school in Los Angeles County or Lake Havasu City, AZ. •Work for Los Angeles County. •Be related to a current member. •Be related to a current LA Financial Credit Union employee.

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Reviews (1)

If You Like Sneaky Fees You Will Love This CU

Did you breakup with your bank and found that you missed Gotcha Capitalism and Sneaky fees?

Well fret no more, with LAFCU you can be a member of a CU and still be treated as bad as if you where at Wells Fargo.

A few months ago they sent out a long two page letter about some new "benefits" that where basically useless.

At the bottom of the 2nd page was the Gotcha, account fees being hiked from $0.00 to $7 a month.

I was not happy about this and felt that burying it in a 2nd page letter was really shady.

I posted about this on their Facebook and Twitter pages to express my displeasure and to warn other members about the fee hike.

Instead of addressing my comments - they just deleted them and banned me from both their FB and Twitter pages.



Health
B+

Health Grade Components

Overall
NCUA #2024
Year Chartered1937
Employees77
Primary Regulator
Profit Margin
Return on Assets - YTD0.23%
Return on Equity - YTD3.27%
Annual Interest Income$21.7MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$559.1MM$532.5MM
LoansQ4 2024vs Q4 2023$412.7MM$410.4MM
DepositsQ4 2024vs Q4 2023$487.1MM$472.2MM
Equity CapitalQ4 2024vs Q4 2023$40MM$37.7MM
Loan Loss AllowanceQ4 2024vs Q4 2023$1.7MM$1.7MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$1.9MM$423K
Real Estate OwnedQ4 2024vs Q4 2023$0$0
Rates

Rates for LA Financial Credit Union are currently being reviewed.

Locations


LA Financial Credit Union Locations
Branch Office1871 Kiowa AveLake Havasu City, AZ 86403-2461
Branch Office224 N Fair Oaks AvePasadena, CA 91103
Branch Office12125 Imperial Hwy Ste A1Norwalk, CA 90650
Branch Office209 S BroadwayLos Angeles, CA 90012-3604
Corporate Office50 E Foothill BlvdArcadia, CA 91006-2314

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