Los Angeles Federal Credit Union

Headquarters

300 S Glendale Avenue
Glendale, CA 91205
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.15% 1.02% →
1-Year CD 0.50% 1.45% →
2-Year CD 0.55% 2.86% →
5-Year CD 0.70% 3.21% →
30-Year Mortgage N.A. 2.81% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2022 Overview

General Credit Union Information

Los Angeles is an NCUA insured institution located in Glendale, CA. It was founded in 1936 and has approximately $1271.1 millions in assets.

Who can join?

LAFCU membership is available to:

Anyone living in the Greater Los Angeles area (including most cities in Southern California), through membership in the Los Angeles Charitable Association (LACA).

Los Angeles City Active and Retired Employees and Active Volunteers
Active and Retired Employees of:
All City Employees Benefits Service Association (ACEBSA)
City Employees Club of Los Angeles (formerly known as "Los Angeles City Employees Association")
Engineers and Architects Association
Facilities Operations Plus (Select Employee Group)
Harley Davidson of Glendale (Select Employee Group)
The Mary Lind Foundation (Select Employee Group)
Los Angeles Federal Credit Union

Immediate family members of the above, related by blood or marriage, or other recognized family memberships in the same household (under the same roof).

NCUA Insured Yes / Federally Chartered
Charter Number # # 1207
Date Established 1936
Assets $1,271.10 million
Loans $683.63 million
Deposits $1,129.66 million
Capital $134.38 million
 

Field of Membership Restrictions

Membership in Los Angeles Federal Credit Union 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.

Deposit Rates - May 21, 2022

Your Current Location: California, CA 92111

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.15% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.20% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.40% $10,000 $14,999 Learn More
6 Mo CD
0.45% $100,000 $199,999 Learn More
12 Mo CD
0.45% $10,000 $14,999 Learn More
12 Mo CD
0.50% $100,000 $199,999 Learn More
18 Mo CD
0.45% $10,000 $14,999 Learn More
18 Mo CD
0.50% $100,000 $199,999 Learn More
24 Mo CD
0.50% $10,000 $14,999 Learn More
24 Mo CD
0.55% $100,000 $199,999 Learn More
30 Mo CD
0.50% $10,000 $14,999 Learn More
30 Mo CD
0.55% $100,000 $199,999 Learn More
36 Mo CD
0.55% $10,000 $14,999 Learn More
36 Mo CD
0.60% $100,000 $199,999 Learn More
48 Mo CD
0.60% $10,000 $14,999 Learn More
48 Mo CD
0.65% $100,000 $199,999 Learn More
60 Mo CD
0.65% $10,000 $14,999 Learn More
60 Mo CD
0.70% $100,000 $199,999 Learn More
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - May 21, 2022

Your Current Location: California, CA 92111

There are currently no loan rates available for LOS ANGELES

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - California 30 Year Fixed Mortgage Rates 2022

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
5.990% 5.875% 0.75 $3,125 $1,479 Learn More

Featured - California Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More

Note to LOS ANGELES
To upload and update your bank's rates please register. It is free to register and add rates.


 

Branches

Below are Los Angeles 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:
San Diego,California


Los Angeles Locations



Climate Initiatives

LOS ANGELES is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.

Financial Details

Los Angeles Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Los Angeles. 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
Los Angeles U.S. Average
2.65% 4.85

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, 2021, Los Angeles had $3,318,258 in non-current loans and $404,000 in owned assets. To cover these potential losses it had $134,375,052 in net worth and $6,336,657 in loans loss reserves. That gives it a Texas Ratio of 2.65%.

Net Worth
Los Angeles U.S. Average
10.57% 12.36%

Los Angeles FCU has a net worth of 10.57% versus the BestCashCow average of 12.36. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

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