Los Angeles Federal Credit Union
Los Angeles Federal Credit Union (LAFCU) has been empowering LA residents to achieve financial freedom through money-saving products for more than eight decades.
The financial institution was founded in 1936 when 13 LA City employees pooled together a deposit of $65 to form Los Angeles City Employees Federal Credit Union, which later became LAFCU.
Since its inception, the credit union has grown to $933.5 million in assets and opened its doors to all Southern California residents (not just LA City employees), resulting in a membership that is now 60,000 strong.
LAFCU offers a variety of checking and savings options, such as Emergency Savings and Second Chance Checking; multiple low-rate loan options including vehicle, real estate, personal, energy and business; a cutting edge mobile app and check deposit feature; and added benefits such as investment help, financial literacy programs and annual scholarships for high school and college students.
For details, visit www.LAFCU.org.