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Now more than
ever, the credit union philosophy of people-helping-people
is a priority to our LAFCU members. We are committed to
helping you meet your financial needs by offering low
rate loans, and many discounted and free services.
This goal is also clear in our vision statement to be
our “Members’ First Choice for Financial Services.” To
help us achieve our vision, we have again lowered more
loan rates and now have new and used fixed rate vehicle
loans from as low as 2.99% Annual Percentage Rate. We
also continue to help members in need of restructuring
current loan terms because of reduced income or other
challenges caused by these unprecedented economic conditions.
Another great opportunity to save money is with our Visa®
credit card. Some lenders have been adding fees and raising
credit card rates. However, LAFCU’s cards are as low as
8.49% Annual Percentage Rate with
no annual fee.* Ask us about moving your existing balance
from a high rate bank card
and you can start saving money immediately.
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I’m
proud to say that we continue to have a positive bottom
line and our capital ratio of 10.58% well exceeds the
7% level that the NCUA, our federal regulator, considers
to be well capitalized. This means that you can trust
that LAFCU is safe, sound and secure.
Members all around Southern California have learned
of the LAFCU difference and we have grown to nearly
50,000 members strong! Making the switch to LAFCU is
now easier than ever with our 24/7 membership application
at www.lafcu.org.
Instead of visiting a branch, your friends, family and
others in Southern California can now just click to
join. It doesn’t get any easier than that!
Finally, I’d like to mention our efforts to create a
lighter energy footprint with our 24/7 online e-Services,
like e-Branch, e-Bill Pay, e-Statements, and e-Lerts.
These services allow members to access their accounts
remotely and securely, help the environment, and reduce
paper and production costs…making LAFCU’s operations
more efficient.
Member service is, was and always will be what is most
important to LAFCU. We are privileged to serve you.
Let us know how we can help you meet your financial
needs.
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available
with 84-month terms with no money down options
and convenient payments. Plus, you can receive
FREE vehicle search and buying help with LAFCU
Auto Buying Service.
$17,700 on a $400,000 loan in 10 years, compared
to average bank mortgage rates.** 
