Sep, 30, 2025 — LOS ANGELES POLICE FEDERAL CREDIT UNION is a federal credit union headquartered in VAN NUYS, CA with 4 branch locations and about $1.38 billion in total assets. Opened 67 years ago in 1959, LOS ANGELES POLICE FEDERAL CREDIT UNION has about 48,376 members and employs 160 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 POLICE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 16150 Sherman Way VAN NUYS, CA 91406 |
| Phone: | (877) 695-2732 |
| Fax: | (818) 782-1538 |
| Website: | https://www.lapfcu.org |
| Branches: | 4 branch locations |
| Members: | 48,376 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24553 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1959 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,376,450,214 |
| CEO/Manager: | John F Roemer |
| Chairperson: | Andre Plummer |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 173,355,993 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 479,405,188 |
| Unsecured Loans | 95,093,035 |
| Other Loans | 184,776,195 |
| TOTAL LOANS | 759,274,418 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -6,373,757 |
| Land And Building | 9,962,962 |
| Other Fixed Assets | 4,397,321 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 11,136,450 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,376,450,214 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 272 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 17,150,995 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 272,676,298 |
| Regular shares | 317,542,227 |
| All Other Shares & Deposits | 646,581,348 |
| TOTAL SHARES & DEPOSITS | 1,236,799,872 |
| TOTAL LIABILITIES | 1,254,129,408 |
| Regular Reserve | 0 |
| Other Reserves | -26,167,034 |
| Undivided Earnings | 148,487,840 |
| TOTAL EQUITY | 122,320,806 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,376,450,214 |
| INCOME & EXPENSE | |
| Loan Income | 33,524,298 |
| Investment Income | 14,026,443 |
| Other Income | 2,322,828 |
| Total Employee Compensation & Benefits | 19,967,151 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 14,720,418 |
| Non-operating Income & (Expense) | 78,833 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,622,974 |
| Cost of Funds | 14,289,483 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,504,733 |
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