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LOS ANGELES FEDERAL CREDIT UNION

Sep, 30, 2025 — LOS ANGELES FEDERAL CREDIT UNION is a federal credit union headquartered in GLENDALE, CA with 8 branch locations and about $1.27 billion in total assets. Opened 90 years ago in 1936, LOS ANGELES FEDERAL CREDIT UNION has about 75,746 members and employs 179 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LOS ANGELES FEDERAL CREDIT UNION
Address:
(Main Office)
300 S Glendale Ave
GLENDALE, CA 91205-5305
Phone:(818) 242-8640
Fax:(818) 242-5724
Website:https://www.lafcu.org
Branches:8 branch locations
Members:75,746
Credit Union Type:Federal Credit Union
Charter Number:1207
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1936
Last Audited:Dec 01, 2024
FHLB Member:Yes
Low Income Designation:No
Assets:$1,273,612,138
CEO/Manager:Anthony Cuevas
Chairperson:Terrance Manocchio

Call Report

  • First Time Homebuyer Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 78,740,237
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 453,229,464
 Unsecured Loans 69,186,123
 Other Loans 359,934,566
 TOTAL LOANS 882,350,154
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -14,221,622
 Land And Building 3,051,757
 Other Fixed Assets 5,506,064
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 10,072,933
 All Other Assets 0
  TOTAL ASSETS 1,273,612,138
LIABILITIES & CAPITAL:  
 Dividends Payable 3,984
 Notes & Interest Payable 31,000,000
 Accounts Payable & Other Liabilities 4,454,540
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 269,007,198
 Regular shares 487,870,518
 All Other Shares & Deposits 373,348,632
  TOTAL SHARES & DEPOSITS 1,130,226,348
  TOTAL LIABILITIES 1,165,684,872
 Regular Reserve 0
 Other Reserves -33,025,831
 Undivided Earnings 140,953,097
  TOTAL EQUITY 107,927,266
  TOTAL LIABILITIES, SHARES, & EQUITY 1,273,612,138
INCOME & EXPENSE  
 Loan Income 36,538,280
 Investment Income 5,853,153
 Other Income 3,074,914
 Total Employee Compensation & Benefits 16,361,264
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 15,175,614
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 4,626,940
 Cost of Funds 9,047,173
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 4,257,889
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