2024 Overview
General Credit Union Information
Lbs Financial is an NCUA insured institution located in Long Beach, CA. It was founded in 1935 and has approximately $1969.99 millions in assets.
Who can join?
You are eligible to become a Member of LBS Financial Credit Union if you reside or work in the Counties of Orange, Riverside, San Diego or San Bernardino; or the following Los Angeles County cities: Artesia, Avalon, Azusa, Baldwin Park, Bellflower, Carson, Cerritos, City of Industry, Claremont, Compton, Covina, Diamond Bar, Downey, El Segundo, Gardena, Glendora, Hacienda Heights, Harbor City, Hawaiian Gardens, Hawthorne, Hermosa Beach, Irwindale, La Habra Heights, Lakewood, La Mirada, La Puente, La Verne, Lawndale, Lomita, Long Beach, Los Nietos, Manhattan Beach, Norwalk, Palos Verdes Estates, Paramount, Pomona, Rancho Dominguez, Rancho Palos Verdes, Redondo Beach, Rolling Hills Estates, Rolling Hills, Rowland Heights, San Dimas, San Pedro, Santa Fe Springs, Signal Hill, Torrance, Walnut, West Covina, Whittier and Wilmington.
Employees currently employed or retired from one of the following school districts are eligible to join along with their family members:
ABC Unified School District
Bellflower Unified School District
California State University, Long Beach
California State University, Long Beach Alumni Association
Cerritos Community College
Concorde Career Institute, Garden Grove, CA
Long Beach City College
Long Beach School for Adults
Long Beach Unified School District
Norwalk-La Mirada School District
You may also qualify for Membership if one of your family members is already a Member of LBS Financial Credit Union.
If you live or work in California, but don’t qualify for Membership based on the above geographic eligibility or family relation, you may join the Financial Fitness Association to become a Member of LBS Financial for an extra $5.00
| NCUA Insured | Yes / State-Chartered |
| Charter Number # | # 68460 |
| Date Established | 1935 |
| Assets | $1,969.99 million |
| Loans | $1,124.19 million |
| Deposits | $1,697.64 million |
| Capital | $264.45 million |
Field of Membership Restrictions
Membership in LBS Financial Credit Union is open to anyone who lives or works in California through joining the Financial Fitness Association through the credit union ($8 membership fee). Membership is also open to the following: (1) those who live or work in Orange, Riverside, San Diego or San Bernardino Counties in California and select cities in Los Angeles County; (2) employees or retirees of ABC Unified School District, California State University (Long Beach), Cerritos Community College, Long Beach City College, Long Beach Unified School District, Norwalk-La Mirada School District, Long Beach School for Adults, Concorde Career Institute, or Bellflower Unified School District.
Deposit Rates - April 24, 2024
Your Current Location: Ohio, OH 43085
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| Savings
|
0.10% | $2,500 | $4,999 |
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|
|
Money Market
|
0.20% | $2,500 | $2,999 |
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|
|
Money Market
|
0.20% | $10,000 | $14,999 |
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|
|
Money Market
|
0.30% | $25,000 | $29,999 |
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|
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| 6 Mo CD
|
0.45% | $10,000 | $14,999 |
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|
| 6 Mo CD
|
0.50% | $100,000 | $199,999 |
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|
| 12 Mo CD
|
0.50% | $10,000 | $14,999 |
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|
| 12 Mo CD
|
0.60% | $100,000 | $199,999 |
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|
| 18 Mo CD
|
0.60% | $10,000 | $14,999 |
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|
| 18 Mo CD
|
0.70% | $100,000 | $199,999 |
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|
| 24 Mo CD
|
0.70% | $10,000 | $14,999 |
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|
| 24 Mo CD
|
0.80% | $100,000 | $199,999 |
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|
| 30 Mo CD
|
0.75% | $10,000 | $14,999 |
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|
| 30 Mo CD
|
0.85% | $100,000 | $199,999 |
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|
| 36 Mo CD
|
0.80% | $10,000 | $14,999 |
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|
| 36 Mo CD
|
0.90% | $100,000 | $199,999 |
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|
| 48 Mo CD
|
0.90% | $10,000 | $14,999 |
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|
| 48 Mo CD
|
1.01% | $100,000 | $199,999 |
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|
| 60 Mo CD
|
1.01% | $10,000 | $14,999 |
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|
| 60 Mo CD
|
1.15% | $100,000 | $199,999 |
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|
| Int Checking Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Int Ckg
|
0.10% | $2,500 | $3,499 | Learn More |
Loan Rates - April 24, 2024
Your Current Location: Ohio, OH 43085
There are currently no loan rates available for Lbs Financial
Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:
Featured - Ohio 30 Year Fixed Mortgage Rates 2024
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: 401822 |
6.806% | 6.625% | 0.88 | $6,000 | $2,049 | Learn More |
NMLS ID: 447490 |
6.817% | 6.750% | 0.63 | $2,189 | $2,076 | Learn More |
NMLS ID: 2059741 |
6.905% | 6.750% | 1.00 | $5,094 | $2,076 | Learn More |
NMLS ID: 3030 |
7.451% | 7.375% | 0.75 | $2,400 | $2,211 | Learn More |
Featured - Ohio Home Equity Line Of Credit Rates 2024
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Third Federal Savings and Loan See Table |
7.490 %
|
$0 |
Learn More
More Info |
Note to Lbs Financial
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Branches
Below are Lbs Financial branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Columbus,Ohio
Climate Policy and Initiatives
LBS FINANCIAL is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.
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Financial Details
Lbs Financial Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Lbs Financial. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.
Texas Ratio
| Lbs Financial | U.S. Average |
|---|---|
| 6.75% | 6.97 |
The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.
As of December 31, 2023, Lbs Financial had $17,607,659 in non-current loans and $677,456 in owned assets. To cover these potential losses it had $264,451,273 in net worth and $6,387,423 in loans loss reserves. That gives it a Texas Ratio of 6.75%.
Net Worth
| Lbs Financial | U.S. Average |
|---|---|
| 13.4% | 13.62% |
Lbs Financial FCU has a net worth of 13.4% versus the BestCashCow average of 13.62. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.
Customer Reviews for Lbs Financial
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