Credit Unions Near Me
National Credit Union Service Organization

LA FINANCIAL FEDERAL CREDIT UNION

Mar, 31, 2021 — LA FINANCIAL FEDERAL CREDIT UNION is a federal credit union headquartered in Pasadena, CA with 4 branch locations and about $516.16 million in total assets. Opened 84 years ago in 1937, LA FINANCIAL FEDERAL CREDIT UNION has about 28,362 members and employs 85 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:28,362
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, 2020
FHLB Member:Yes
Low Income Designation:No
Assets:$516,160,054
CEO/Manager:Carol Galizia
Chairperson:Gail LeGros

Call Report

  • Debt Cancellation/Suspension
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Participation Loans
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Check Cashing
  • First Time Homebuyer Program
  • Insurance/Investment Sales
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 108,731,380
TOTAL INVESTMENTS 59,218,116
Loans Held for Sale 0
 
 Real Estate Loans 213,440,913
 Unsecured Loans 22,216,068
 Other Loans 89,254,093
 TOTAL LOANS 329,042,749
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -798,516
 Land And Building 0
 Other Fixed Assets 2,337,592
 NCUSIF Deposit 3,859,429
 All Other Assets 13,769,304
  TOTAL ASSETS 516,160,054
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 8,000,000
 Accounts Payable & Other Liabilities 2,785,813
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 104,151,236
 Regular shares 208,415,140
 All Other Shares & Deposits 149,177,705
  TOTAL SHARES & DEPOSITS 461,744,081
  TOTAL LIABILITIES 472,529,894
 Regular Reserve 9,408,774
 Other Reserves 159,054
 Undivided Earnings 34,062,332
  TOTAL EQUITY 43,630,160
  TOTAL LIABILITIES, SHARES, & EQUITY 516,160,054
INCOME & EXPENSE  
 Loan Income 3,263,772
 Investment Income 187,190
 Other Income 650,090
 Total Employee Compensation & Benefits 2,207,023
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,888,865
 Non-operating Income & (Expense) 31,285
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 262,917
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 287,555
↑ Back to Top

Other Credit Unions

AIRCO FEDERAL CREDIT UNION
888 East Walnut Street
PASADENA, CA 91101
L. A. ELECTRICAL WORKERS CREDIT UNION
3820 E Colorado Blvd
PASADENA, CA 91107-3937
CALIFORNIA ADVENTIST FEDERAL CREDIT UNION
P.O. Box 1109
GLENDALE, CA 91209
GLENDALE FEDERAL CREDIT UNION
500 E Wilson Ave
GLENDALE, CA 91206
CAL STATE L.A. FEDERAL CREDIT UNION
2445 MARIONDALE AVE
LOS ANGELES, CA 90032
PARSONS FEDERAL CREDIT UNION
100 W. Walnut Street
PASADENA, CA 91124
PASADENA FEDERAL CREDIT UNION
1038 S Fair Oaks Ave
PASADENA, CA 91105
E-CENTRAL CREDIT UNION
990 S FAIR OAKS AVE
PASADENA, CA 91105
PASADENA SERVICE FEDERAL CREDIT UNION
P.O. BOX 70789
PASADENA, CA 91117-7789
PRIORITY ONE CREDIT UNION
1631 Huntington Dr
SOUTH PASADENA, CA 91030-4746