Los Angeles FCU Celebrating Milestone with Exciting Giveaways!
July 15, 2021
We are a member-owned, not-for-profit financial institution with a dedication to Finance Your Future.
Glendale, CA (July 15, 2021) –– Los Angeles Federal Credit Union (LAFCU) reached an important milestone in 2021 – our 85th anniversary! Since 1936, we have provided our members a range of products and services, many account access options, and excellent member service. We will continue the celebration throughout 2021 with fun contests and giveaways, including $85 monthly raffles and an exciting $850 grand prize. For updates and details, view our social media sites. Our hashtag is: #LAFCUturns85
How has LAFCU helped our members over the years? Let us count the ways:
• Account access (nationwide ATMs & Shared Branches; online, mobile, telephone banking; mobile apps; Live Chat)
• Social media sites (Facebook, Instagram, Twitter & a YouTube Channel)
• Consumer loans (homes, credit lines, vehicles, energy, unsecured)
• Consumer savings (regular, certificates & money markets)
• Business accounts & loans
• Loan programs (credit repair, payment protection & skip-a-payment)
• Mobile Check Deposit
• Online person-to-person payment
• Free Checking account
• Relationship Rewards program
• Special Clubs for pre-teens, teens, young adults & seniors.
• Debit Cards & Credit Cards
• Helpful services (insurance, investment & vehicle buying)
• Financial counseling
• Online loan & membership applications
LAFCU was founded in 1936 by 13 Los Angeles City Employees to give fellow employees a safe, low-cost, and convenient source to borrow and save money during the height of the Great Depression. They gathered $65 to form the “Los Angeles City Employees Federal Credit Union.” In 1987, the name changed to Los Angeles Federal Credit Union to reflect a growing field of membership, which started to include immediate family members of City employees and individuals who lived in the same household as a current member. In 2006 LAFCU expanded its field again to include residents living in most counties of Southern California by establishing the Los Angeles Charitable Association, Inc. (LACA). LACA is a 501(c)3 nonprofit charity that donates and supports charities in the greater L.A. area that since 2006, has donated over $500,000 to those charities.
Now, 85 years after its initial deposit of $65, LAFCU manages $1.2 billion in assets, has 71,000 members, staffs seven branches, and its members can access a nationwide network of 30,000 CO-OP ATMs and 5,000 shared branches.
Anyone living in most counties of Southern California can join LAFCU and take advantage of its financial services. For details, visit www.LAFCU.org, call (877) MY LAFCU (695-2328), or visit a branch.