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LA FINANCIAL FEDERAL CREDIT UNION

Sep, 30, 2025 — LA FINANCIAL FEDERAL CREDIT UNION is a federal credit union headquartered in Pasadena, CA with 4 branch locations and about $544.15 million in total assets. Opened 89 years ago in 1937, LA FINANCIAL FEDERAL CREDIT UNION has about 26,043 members and employs 86 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 322077562
Name:LA FINANCIAL FEDERAL CREDIT UNION
Address:
(Main Office)
P.O. BOX 6015
Pasadena, CA 91102-6015
Phone:(800) 894-1200
Fax:(626) 449-3429
Website:https://www.lafinancial.org
Branches:4 branch locations
Members:26,043
Credit Union Type:Federal Credit Union
Charter Number:2024
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1937
Last Audited:Sep 01, 2021
FHLB Member:Yes
Low Income Designation:No
Assets:$544,149,084
CEO/Manager:Carol Galizia
Chairperson:Gail LeGros

Call Report

  • First Time Homebuyer Program

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 32,289,502
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 300,555,040
 Unsecured Loans 16,075,293
 Other Loans 88,344,872
 TOTAL LOANS 410,079,764
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -621,954
 Land And Building 1,673,733
 Other Fixed Assets 3,536,281
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 4,707,309
 All Other Assets 0
  TOTAL ASSETS 544,149,084
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 3,000,000
 Accounts Payable & Other Liabilities 3,133,848
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 109,864,276
 Regular shares 228,908,565
 All Other Shares & Deposits 164,596,962
  TOTAL SHARES & DEPOSITS 503,369,803
  TOTAL LIABILITIES 509,503,651
 Regular Reserve 0
 Other Reserves -1,740,674
 Undivided Earnings 36,386,107
  TOTAL EQUITY 34,645,433
  TOTAL LIABILITIES, SHARES, & EQUITY 544,149,084
INCOME & EXPENSE  
 Loan Income 10,682,109
 Investment Income 1,260,149
 Other Income 2,246,863
 Total Employee Compensation & Benefits 7,051,747
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 6,422,881
 Non-operating Income & (Expense) 95,082
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 141,000
 Cost of Funds 552,737
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 426,173
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