Company Information

Get to know Los Angeles Federal Credit Union

Founded in 1936, Los Angeles Federal Credit Union (LAFCU) is a member-owned, not-for-profit financial institution. It operates with a mission to help its members achieve their financial goals by offering a full range of banking services, including savings and checking accounts, consumer and real estate loans, and investment services. As a cooperative, it returns its profits to members in the form of lower loan rates, higher savings yields, and fewer fees, serving those who live, work, worship, or attend school in Los Angeles County.

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Financial BankingPRIMARY
Financial Other Service

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Los Angeles Federal Credit Union

United States

Founded in

1936 (90 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.