Credit Union Membership

Becoming a member of Los Angeles Federal Credit Union (LAFCU) gives you many benefits, including low-rate loans, savings options, a Free Checking account, Relationship Rewards discounts, easy account access and lots of low-cost or free financial services. Since 1936 we have served residents in the Greater Los Angeles metropolitan area as a not-for-profit, full-service financial institution.

To establish your LAFCU membership you need to first open a Regular Share Savings account with the following:

• $10 minimum opening deposit ($5 savings account deposit plus a one-time $5 LAFCU membership fee).
• Plus a $10 LACA membership fee if you are eligible to join through the LOS ANGELES CHARITABLE ASSOCIATION.
• A $50 minimum balance must be maintained in this account after six months from the date you joined LAFCU or a monthly fee applies.

OPEN A SAVINGS ACCOUNT

Other Account-Opening Requirements

• Provide your California driver’s license or ID, Social Security Number, and information about income.
• A “ChexSystems” and hard-hit on your credit will be run.
• You must be a resident in the Greater Los Angeles metropolitan area.