You Are Secure With LA Financial Credit Union

LA Financial Credit Union is safe, secure and stronger than ever.

LA Financial prides itself on being highly prudent and responsible with our members’ money. Furthermore, we have very stringent loan underwriting standards and we have never engaged in risky lending or depository practices.

At LA Financial, your savings are insured by the National Credit Union Administration (NCUA) up to $250,000 per qualifying account and backed by the full faith of the Federal government. Traditional IRA, Roth IRA and Keogh accounts are insured separately up to $250,000.

Plus, multiple accounts can be structured to provide additional coverage. Here's an example of how a husband and wife may have accounts insured totaling $1,500,000:

Individual Accounts:
Husband $250,000
Wife $250,000
Joint Accounts:
Husband & Wife $500,000
Revocable Trust Accounts:
Husband as Trustee for Wife $250,000
Wife as Trustee for Husband $250,000
TOTAL: $1,500,000

  

Finally, LA Financial is very well capitalized. We hope all this information helps to let our members know that here our focus is on the security and protection of our members' assets.

If you have any further questions or concerns, please feel free to call us at 800.894.1200.