Los Angeles Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.76% | 5-year CD | 60 Month Regular Share Certificate 1.85% - Synchrony Bank 60 Month CD |
| 0.70% | 1-year CD | 12-23 Month Regular Share Certificate 1.05% - Ally Bank High Yield 12-Month CD |
| 0.15% | Savings | Share Savings Account 1.00% - Ally Bank Online Savings Account |
Los Angeles Federal Credit Union is headquartered in Glendale and is the 52nd largest credit union in the state of California. It is also the 306th largest credit union in the nation. It was established in 1936 and as of June of 2016, it had grown to 156 employees and 56,257 members at 8 locations. Los Angeles Federal Credit Union has an A+ health rating.
Field of Membership Restrictions
Membership is open to anyone living in most counties in Southern California by joining the Los Angeles Charitable Association ($5). Membership is also open to employees, retirees, and volunteers of the City of Los Angeles.
See current membership details
Related Posts
8/12 - Up To $300 In Bonuses At Los Angeles Federal Credit Union
LAFCU is great!
Los Angeles Federal Credit Union is a great credit union. They have the a no fee checking account that only requires a donation to qualify as a member of the credit union. I am an internet guru and I spend a lot of time on the internet looking for the best credit union and was not able to find anywhere that had a good fee free checking account like Los Angeles Federal Credit Union does. I have had contact from them a few times and every time they are really helpful and fix whatever the issue happens to be. They make it so easy to use their account! You can login on their web page to view your account, which is nice and not all credit unions have that.
Los Angeles Federal Credit Union is a nice credit union.
Los Angeles Federal Credit Union is a nice credit union. They have a no fee checking account that only requires a small donation to qualify as a member of the credit union. I am an on-line guru and I spend a lot of time on the web looking for credit unions and I wasn't able to find anywhere that had a good fee free checking account like Los Angeles Federal Credit Union. I have had contact from LAFCU on a few occasions and every occasion they are really helpful and fix each issue I have. LAFCU makes things so easy for you when using your account. You can login on their web page and view your account, which is nice and helpful as a few credit unions don't have on-line access.
Very Unprofesional
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I've had a very bad experience with this bank, through no fault of my own and their staff admitted that I'm innocent. To begin with, I applied to work for Secret Shopper and received my first assignment, which included writing an assessment of my experience with Western Union and sending money to an individual. But first, I had to deposit a postal money order into my account at the bank. I did the above and later received a very rude message from bank staff regarding a fraudulent check. I went to LAPD to file a report. The officer asked me my bank’s policy regarding fraud, i.e. some banks reimbursed you and other's didn't. I called the bank to determine their policy. The woman that I talked with had a sarcastic attitude and stated that what I experienced was a common occurrence and that she knew that I was a victim of fraud, but that their policy was that the criminals should pay for it. I informed her that the banks behavior only served to victimize me further, as their attitudes were negative. Also, as the above was their policy, it would be to my advantage to bank where there was a more customer friendly policy. I would have been more comfortable, if they had taken a more compassionate approach irregardless of their policy. They could have suggested a payment plan with which they could have been reimbursed, as well as made sure my family and I weren't inconvenience. Instead, they were not only rude, but informed Pay Pal that I had insufficient funds for two purchases that I'd paid for previously with money from my tax return before the aforementioned situation occurred. In addition, after being reimbursed from Pay Pal, they didn't reduce the amount that I owed them. This will not only mare my credit with Pay Pal, but with the individuals that I made purchases from. Not to mention, before contacting Pay Pal, they’d already withdrawn money from my account, although this I can understand. I just don’t understand, why they had to contact Pay Pal, or why the delivery of the message was so unprofessional.
Data as of Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 1207 |
| Year Chartered | 1936 |
| Employees | 156 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.52% |
| Return on Equity - YTD | 4.32% |
| Annual Interest Income | $13.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $860.4MM$833.9MM |
| Loans | Q2 2016vs Q2 2015 | $512.8MM$442.8MM |
| Deposits | Q2 2016vs Q2 2015 | $748.0MM$724.3MM |
| Equity Capital | Q2 2016vs Q2 2015 | $103.9MM$99.8MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $4.0MM$4.0MM |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $2.0MM$3.9MM |
| Real Estate Owned | Q2 2016vs Q2 2015 | $0$0 |
This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.
Up To $300 In Bonuses At Los Angeles Federal Credit Union
New Members can Earn $300
All eligible Southern Californians can OPEN an account and become a LAFCU member. When you become a member, it’s as easy as 1-2-3 to earn up to $300 during your first 90 days of membership:
$100: when you sign up for online statements and start direct deposit
$100: when you open a Visa® credit card
$100: when you get a vehicle loan
Expires 9/30/16
Always verify rates and promotions with the bank or credit union. We are not Los Angeles Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Los Angeles Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.35%* | $50k* | - | Health Savings Account | ||
| OTHER TIERS: 0.10% → Up to $2,500 | 0.20% → $2,500 - $10k | 0.25% → $10k - $25k | 0.30% → $25k - $50k | |||||
| 0.15%* | $1k* | - | Share Savings Account | ||
| OTHER TIERS: 0.10% → Up to $1k | |||||
| 0.15% | $50 | - | Holiday Savings Account | ||
Los Angeles Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.35%* | $50k* | - | e-Money Market Account | ||
| OTHER TIERS: 0.10% → Up to $2,500 | 0.20% → $2,500 - $10k | 0.25% → $10k - $25k | 0.30% → $25k - $50k | |||||
| 0.30%* | $50k* | - | Money Market Account | ||
| OTHER TIERS: 0.15% → $2,500 - $10k | 0.20% → $10k - $25k | 0.25% → $25k - $50k | |||||
Los Angeles Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.10% | $1k | - | Interest Checking (Share Draft) |
Los Angeles Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.86% | $100k | - | 60 Month Senior Jumbo Share Certificate | |
| 1.81% | $1k | - | 60 Month Senior Share Certificate | |
| 1.81% | $100k | - | 60 Month Jumbo Share Certificate | |
| 1.76% | $1k | - | 60 Month Regular Share Certificate | |
| 1.76% | $100 | - | 60 Month Starter Share Certificate | |
| 1.20% | $100k | - | 48-59 Month Senior Jumbo Share Certificate | |
| 1.15% | $1k | - | 48-59 Month Senior Share Certificate | |
| 1.15% | $100k | - | 48-59 Month Jumbo Share Certificate | |
| 1.10% | $1k | - | 48-59 Month Regular Share Certificate | |
| 1.10% | $100 | - | 48-59 Month Starter Share Certificate | |
| 1.10% | $100k | - | 36-47 Month Senior Jumbo Share Certificate | |
| 1.05% | $1k | - | 36-47 Month Senior Share Certificate | |
| 1.05% | $100k | - | 36-47 Month Jumbo Share Certificate | |
| 1.00% | $1k | - | 36-47 Month Regular Share Certificate | |
| 1.00% | $100 | - | 36-47 Month Starter Share Certificate | |
| 0.95% | $100k | - | 24-35 Month Senior Jumbo Share Certificate | |
| 0.90% | $1k | - | 24-35 Month Senior Share Certificate | |
| 0.90% | $100k | - | 24-35 Month Jumbo Share Certificate | |
| 0.85% | $1k | - | 24-35 Month Regular Share Certificate | |
| 0.85% | $100 | - | 24-35 Month Starter Share Certificate | |
| 0.80% | $100k | - | 12-23 Month Senior Jumbo Share Certificate | |
| 0.75% | $1k | - | 12-23 Month Senior Share Certificate | |
| 0.75% | $100k | - | 12-23 Month Jumbo Share Certificate | |
| 0.70% | $1k | - | 12-23 Month Regular Share Certificate | |
| 0.70% | $100 | - | 12-23 Month Starter Share Certificate | |
| 0.50% | $100k | - | 6-11 Month Senior Jumbo Share Certificate | |
| 0.45% | $1k | - | 6-11 Month Senior Share Certificate | |
| 0.45% | $100k | - | 6-11 Month Jumbo Share Certificate | |
| 0.40% | $1k | - | 6-11 Month Regular Share Certificate | |
| 0.40% | $100 | - | 6-11 Month Starter Share Certificate | |
| 0.30% | $100k | - | 3-5 Month Senior Jumbo Share Certificate | |
| 0.25% | $1k | - | 3-5 Month Senior Share Certificate | |
| 0.25% | $100k | - | 3-5 Month Jumbo Share Certificate | |
| 0.20% | $1k | - | 3-5 Month Regular Share Certificate | |
| 0.20% | $100 | - | 3-5 Month Starter Share Certificate |
Los Angeles Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.81% | $500 | - | 60 Month IRA Share Certificate | |
| 1.81% | $500 | - | 60 Month CESA | |
| 1.15% | $500 | - | 48-59 Month IRA Share Certificate | |
| 1.15% | $500 | - | 48-59 Month CESA | |
| 1.05% | $500 | - | 36-47 Month IRA Share Certificate | |
| 1.05% | $500 | - | 36-47 Month CESA | |
| 0.90% | $500 | - | 24-35 Month IRA Share Certificate | |
| 0.90% | $500 | - | 24-35 Month CESA | |
| 0.75% | $500 | - | 12-23 Month IRA Share Certificate | |
| 0.75% | $500 | - | 12-23 Month CESA | |
| 0.45% | $500 | - | 6-11 Month IRA Share Certificate | |
| 0.45% | $500 | - | 6-11 Month CESA | |
| 0.25% | $500 | - | 3-5 Month IRA Share Certificate | |
| 0.25% | $500 | - | 3-5 Month CESA |
| Los Angeles Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 300 S Glendale Ave | Glendale, CA 91205-5305 |
| Branch Office | 6411 Sepulveda Blvd Ste 1R | Van Nuys, CA 91411-1304 |
| Branch Office | 1352 W Artesia Blvd | Gardena, CA 90248-3370 |
| Branch Office | 3850 Culver Ctr | Culver City, CA 90232-3303 |
| Branch Office | 9204 Flair Dr | El Monte, CA 91731-2834 |
| Branch Office | 201 N Los Angeles St | Los Angeles, CA 90012 |
| Branch Office | 915 Wilshire Blvd Ste 920 | Los Angeles, CA 90017-3474 |
| Branch Office | 11306 South St | Cerritos, CA 90703 |