Featured Savings Rates
Featured Accounts

Los Angeles Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
1.61%5-year CD60 Month Regular Share Certificate
0.50%1-year CD12-23 Month Regular Share Certificate
0.15%SavingsShare Savings Account

Overview / Commentary
818-242-5812
300 S Glendale Ave
Glendale, CA 91205-5305

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 302nd largest credit union in the nation. It was established in 1936 and as of March of 2016, it had grown to 155 employees and 56,042 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

Up To $300 In Bonuses At Los Angeles Federal Credit Union - 8/12/2016

Excerpt from the LAFCU’s promotions page: 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

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Reviews (3)

LAFCU is great!

Posted by: GerardT2 | Feb 21, 2015

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.

Posted by: bull2 | May 27, 2015

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.

 



Health
A+

Health Grade Components

Overall
NCUA #1207
Year Chartered1936
Employees155
Primary Regulator
Profit Margin
Return on Assets - YTD0.42%
Return on Equity - YTD3.52%
Annual Interest Income$6.8MM
Assets and Liabilities
AssetsQ1 2016vs Q1 2015$862.9MM$822.7MM
LoansQ1 2016vs Q1 2015$488.4MM$436.7MM
DepositsQ1 2016vs Q1 2015$752.1MM$727.4MM
Equity CapitalQ1 2016vs Q1 2015$102.4MM$100.0MM
Loan Loss AllowanceQ1 2016vs Q1 2015$4.4MM$3.7MM
Unbacked Noncurrent LoansQ1 2016vs Q1 2015$1.8MM$3.4MM
Real Estate OwnedQ1 2016vs Q1 2015$48.00K$225.00K
  User-submitted Promotions & Notices

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

Jake9   |  
Excerpt from the LAFCU’s promotions page:

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

Rates
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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

APYMINMAXACCOUNT NAMEVIEW 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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%*$50k*-e-Money Market Account
OTHER TIERS: 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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%$1k-Interest Checking (Share Draft)

Los Angeles Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.71%$100k-60 Month Senior Jumbo Share Certificate
1.66%$1k-60 Month Senior Share Certificate
1.66%$100k-60 Month Jumbo Share Certificate
1.61%$1k-60 Month Regular Share Certificate
1.61%$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
0.95%$100k-36-47 Month Senior Jumbo Share Certificate
0.90%$1k-36-47 Month Senior Share Certificate
0.90%$100k-36-47 Month Jumbo Share Certificate
0.85%$1k-36-47 Month Regular Share Certificate
0.85%$100-36-47 Month Starter Share Certificate
0.80%$100k-24-35 Month Senior Jumbo Share Certificate
0.75%$1k-24-35 Month Senior Share Certificate
0.75%$100k-24-35 Month Jumbo Share Certificate
0.70%$1k-24-35 Month Regular Share Certificate
0.70%$100-24-35 Month Starter Share Certificate
0.60%$100k-12-23 Month Senior Jumbo Share Certificate
0.55%$1k-12-23 Month Senior Share Certificate
0.55%$100k-12-23 Month Jumbo Share Certificate
0.50%$1k-12-23 Month Regular Share Certificate
0.50%$100-12-23 Month Starter Share Certificate
0.40%$100k-6-11 Month Senior Jumbo Share Certificate
0.35%$1k-6-11 Month Senior Share Certificate
0.35%$100k-6-11 Month Jumbo Share Certificate
0.30%$1k-6-11 Month Regular Share Certificate
0.30%$100-6-11 Month Starter Share Certificate
0.25%$100k-3-5 Month Senior Jumbo Share Certificate
0.20%$1k-3-5 Month Senior Share Certificate
0.20%$100k-3-5 Month Jumbo Share Certificate
0.15%$1k-3-5 Month Regular Share Certificate
0.15%$100-3-5 Month Starter Share Certificate

Los Angeles Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.66%$500-60 Month IRA Share Certificate
1.15%$500-48-59 Month IRA Share Certificate
0.90%$500-36-47 Month IRA Share Certificate
0.75%$500-24-35 Month IRA Share Certificate
0.55%$500-12-23 Month IRA Share Certificate
0.35%$500-6-11 Month IRA Share Certificate
0.20%$500-3-5 Month IRA Share Certificate
Locations


Los Angeles Federal Credit Union Locations
Branch Office300 S Glendale AveGlendale, CA 91205-5305
Branch Office6411 Sepulveda Blvd Ste 1RVan Nuys, CA 91411-1304
Branch Office1352 W Artesia BlvdGardena, CA 90248-3370
Branch Office3850 Culver CtrCulver City, CA 90232-3303
Branch Office9204 Flair DrEl Monte, CA 91731-2834
Branch Office201 N Los Angeles StLos Angeles, CA 90012
Branch Office915 Wilshire Blvd Ste 920Los Angeles, CA 90017-3474
Branch Office11306 South StCerritos, CA 90703