Los Angeles Police Federal Credit Union is headquartered in Van Nuys and is the 50th largest credit union in the state of California. It is also the 342nd largest credit union in the nation. It was established in 1959 and as of March of 2024, it had grown to 161 employees and 45,717 members at 4 locations. Los Angeles Police Federal Credit Union's money market rates are 9X the national average, and it has a B health rating.
Membership in Los Angeles Police Federal Credit Union is open to the following: (1) officers, retirees, and civilian employees of county and municipal law enforcement agencies in Los Angeles County; (2) employees of Los Angeles Police Memorial Foundation, William H. Parker Foundation, or Los Angeles Police Foundation; (3) volunteers of the listed organizations.
See current membership details
I’ve been with 3 credit unions now and LAPFCU is by far the best one I’ve been with. The staff are always super helpful and ready to fix any issue I have. I went to two of their locations recently and it’s obvious they are getting with the time too. Everything has been renovated and feels quite classy. If you’re looking for a credit union that cares and offers outstanding ding rates , this is for sure the place!
Terrible customer service, unworkable website, if you dare call, you are waiting in line-sometimes as many as a dozen calls ahead. I’ve been trying to get a paid up vehicle title for two months! No one can help by phone, it appears they have one person on staff and they are not aware of assistance.
Overall | |
---|---|
NCUA # | 24553 |
Year Chartered | 1959 |
Employees | 161 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.21% |
Return on Equity - YTD | 2.95% |
Annual Interest Income | $15.9MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2024vs Q1 2023 | $1.38B$1.46B |
Loans | Q1 2024vs Q1 2023 | $761.4MM$763.6MM |
Deposits | Q1 2024vs Q1 2023 | $1.15B$1.19B |
Equity Capital | Q1 2024vs Q1 2023 | $99.2MM$89.1MM |
Loan Loss Allowance | Q1 2024vs Q1 2023 | $5.7MM$5MM |
Unbacked Noncurrent Loans | Q1 2024vs Q1 2023 | $4.2MM$3.3MM |
Real Estate Owned | Q1 2024vs Q1 2023 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Los Angeles Police 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | $5 | - | Regular Shares | |
0.05% | $0 | - | Merry Money | |
0.05% | $0 | - | Vacation Vault |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.50%* | $0 | $15k | Performance Checking - Qualifying | ||
OTHER TIERS: 0.05% → $15k+ |
Los Angeles Police Federal Credit Union Locations | ||
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Branch Office | 5651 W Manchester Ave | Los Angeles, CA 90045 |
Branch Office | 1880 Academy Dr | Los Angeles, CA 90012-1001 |
Branch Office | 16150 Sherman Way | Van Nuys, CA 91406 |
Branch Office | 19195 Golden Valley Rd | Santa Clarita, CA 91387 |