As of 12-7-23
As of 12/5/23, LAFCU continues to experience a network communication issue that impacts some services:
Instant Issue Debit Cards at our branches are currently unavailable. If you need a replacement debit card, please call (877) 695-2328.
Mortgage Loans in mobile & online banking reflect account information as of 11/26/23.
• Continue to make your loan payments normally.
• Payments will be posted as of the date received, even though account information will not be immediately updated.
• Finance charges & credit reports will not be negatively impacted because of this issue.
• Monthly statements with mortgage loans will be delayed.
• Taxes and Insurance (T&I) statements may be delayed.
• Mortgage Payment Coupons may be delayed.
• Property Tax payments have been processed on time.
New Mortgage Loan Applications: Use this link
Resolving these issues are immediate priorities and we appreciate your patience & understanding. Usage of mobile/online banking, debit cards, credit cards, TouchTel-24, and our website and ATMs, are working as normal.
Read about new developments with your local credit union, as well as current promotions, in the latest LAFCU Member Newsletter.
Donate a new, unwrapped toy or make a financial contribution to Toys for Tots from 11/1/23 to 12/9/23. When you donation $20 or more in a branch, you will receive a mini plush bear (while supplies last.)
We have a goal to raise $5,000 for Toys for Tots, in partnership with the U.S. Marine Corps Toys for Tots Foundation. Every dollar, donated in-person or at a branch, through online banking, and on our website via PayPal, will go toward purchasing toys that will be distributed to local kids who are in need. For every dollar raised, LAFCU will match up to $5,000 for Toys for Tots through our charity, the Los Angeles Charitable Association. We are accepting toys and monetary donations this year.
Help us support local kids in our community who are in need during the holidays.
Thank you in advance for your donation.
Boost your savings with a 5% APY* "add-on" share certificate for 5 months. It can be opened starting 8/15/23 with a minimum deposit of $500 and a maximum of $1,000,000. During the term, you can add more funds to the certificate up to the total opening deposit.
The funds for this certificate must be "new money only," meaning the funds must be deposited in your LAFCU account within 30 days prior to the date you open the certificate.
To open a Certificate, call us during business hours at (877) 695-2328 or visit a branch.
Learn more and take a look at our special certificate calculator (pictured to the right). Our previous 4.60% APY offer expired 7/8/23.
*APY = Annual Percentage Yield for this Share Savings Certificate (certificate) promotion. The certificate has a 5% APY, a dividend of 4.88%. and a term of 5 (five) consecutive months after it’s opened. The minimum opening deposit per certificate is $500 and the maximum is $1,000,000. Multiple Certificates can be opened if the opening balance of each one is between $500 to $1,000,000. Additional funds can be deposited into the certificate after it’s opened, and the maximum additional funds are equal to the opening deposit (for example, if a certificate is opened with a $50,000 opening deposit, the total additional deposits can only equal $50,000 or less). This Certificate can only be opened at LAFCU starting 8/15/23. When this Certificate matures, it will automatically renew for another 5-month term at the rate in effect at maturity for our Regular 3 to 5-month Share Savings Certificate. This offer is subject to change or may be discontinued without notice. The actual APY will be calculated to three decimal points. The funds for the certificate must be “new money only,” meaning the funds must be deposited in your LAFCU account within 30 days prior to the date you open the certificate. Only LAFCU members have access to our services, including Certificates. For more details, search “Master Disclosures” on our website & read the section “Terms & Conditions Applicable to Share Certificate Accounts.”
Enter your Initial Deposit then click "Calculate" to view the Value at Maturity of a 5% APY* Certificate:
| Initial Deposit: ($500 minimum) |
|
| Term: | 5 months |
| Dividend Rate: (compounded monthly) |
4.88% |
| Annual Percentage Yield (APY): | 5% |
| Value at Maturity: (before taxes) |
Note: This calculator is a self-help tool for your independent use and is not intended to provide investment or tax advice. The accuracy of calculations and their applicability to your circumstances are not guaranteed. All examples are hypothetical and are for illustrative purposes only. Please consult a financial professional for your personal situation.