L.A. County-based credit unions: ranked by assets as of June 30, 2004.EXECUTIVE SUMMARY THE Top 25 Credit Unions in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. County have a combined asset base of $20.4 billion as of June June: see month. 30, up 5.7 percent over the previous year. While credit union assets have been rising, they still account for just better than a third of the assets at the banks based in the county. Only two credit unions saw declines in assets over the past year. Kinecta Federal Credit Union saw the biggest drop, just over 10 percent. This allowed Wescom Credit Union Wescom Credit Union is a credit union and financial services company serving Southern California. It has over $3.8 billion in assets and more than 295,000 members[1]. to move to the top spot on the list after posting a 13.5 percent rise in asset value. With 229,332 members, Wescom's membership accounts for more than 12 percent of the overall 1.8 million people who participate in the 25 largest credit unions in the county. The 25 largest institutions have an average membership of 71,000. Credit Unions were started as depository institutions Depository institution A financial institution that obtains its funds mainly through deposits from the public. This includes commercial banks, savings and loan associations, savings banks and credit unions. , created as non-profit credit cooperatives  This article has too many unnecessary external links.Please help Wikipedia by organising, removing or transferring them to other articles. THE PACESETTER WESCOM CREDIT UNION WITH $2.8 billion in assets, Wescom Credit Union tops the list of Los Angeles County-based institutions. Its asset base is 13.5 percent higher than the year earlier. Formed in 1934 by 13 Pacific Telephone employees who pooled together $65, Wescom as of June 30 had 229,000 members and is projecting a 13 percent increase in membership by the end of the year. "We expect double-digit dou·ble-dig·it adj. Being between 10 and 99 percent: double-digit inflation. membership growth in 2005," said Chief Executive Darren Williams For the Australian novelist, see . Darren Williams (born 28 April, 1977 in Middlesbrough, England) is an English footballer who plays for Bradford City. Williams began his career at York City, but made his name at Sunderland, for whom he signed in 1996. . Wescom plans to add four branches in 2005 to its current roster of 32. The credit union's membership base began to expand in the 1980s when it made family members and employees of other groups eligible to join. Though it advertises on radio and billboards, Williams credits member referrals as the No. 1 source of growth. He also notes that Wescom has become more visible to non-members with its branches and more than 300 ATMs. Credit unions, which are non-profit cooperative cooperative Organization owned by and operated for the benefit of those using its services. Cooperatives have been successful in such fields as the processing and marketing of farm products and the purchasing of other kinds of equipment and raw materials, and in the financial institutions owned and controlled by the people who use their services, were formed by affinity groups A special interest group. This is a marketing term for a group of people with similar interests. to provide a sale and convenient place for members to save money and to get loans at reasonable rates.
In millions
Rank Bank (year established) Assets
* name * as of June 30, 2004
* address * as of June 30, 2003
* % increase (decrease)
1 Wescom Credit Union (1934) $2,779.6
123 S. Marengo Ave. $2,449.1
Pasadena 91101 13.5%
2 Kinecta Federal Credit Union 2,711.4
(1940) 3,016.4
1440 Rosecrans Ave. -10.1
Manhattan Beach 90266
3 Lockheed Federal Credit 1,887.9
Union (1937) 1,720.5
2340 Hollywood Way 9.7
Burbank 91505
4 California Credit Union (1933) 1,031.2
701 N. Brand Blvd. 1,078.7
Glendale 91203 -4.4
5 Western Federal Credit 1,014.0
Union (1963) 1,001.8
14500 Aviation Blvd. 1.2
Hawthorne 90250
6 Premier America Credit Union 986.4
(1957) 876.3
19867 Prairie St. 12.6
Chatsworth 91311
7 LBS Financial Credit Union 833.2
(1935) 791.6
5505 Garden Grove Blvd. 5.3
Westminster 92683
8 Xerox Federal Credit 756.7
Union (1964) 684.9
2200 E. Grand Ave. 10.5
El Segundo 90245
9 F & A Federal Credit 722.8
Union (1936) 630.3
2625 Corporate Place 14.7
Monterey Park 91754
10 Cal Tech Employees Federal 694.6
Credit Union (1950) 634.4
528 Foothill Blvd. 9.5
La Canada Flintridge 91012
11 Los Angeles Police Federal 612.4
Credit Union (1959) 573
16150 Sherman Way 6.9
Van Nuys 91406
12 Financial Partners Credit 610.4
Union (1937) 591.2
7800 E. Imperial Highway 3.2
Downey 90242
13 First Financial Credit 600.9
Union (1974) 574.1
1600 W. Cameron Ave. 4.7
West Covina 91790
14 Los Angeles Federal Credit 558
Union (1936) 519.8
300 S. Glendale Ave. 7.4
Glendale 91205
15 Northrop Grumman Federal 516.7
Credit Union (1946) 463.5
879 W. 190th St. 11.5
Gardena 90248
16 Farmers Insurance Group $512.9
Federal Credit Union (1936) $486.8
4680 Wilshire Blvd. 5.4%
Los Angeles 90010
17 First Entertainment Credit 502.2
Union (1967) 449.3
6735 Forest Lawn Drive 11.8
Hollywood 90068
18 Water and Power Community 459.6
Credit Union (1936) 428.7
1053 W. Sunset Blvd. 7.2
Los Angeles 90012
19 Telesis Community Credit 434.1
Union (1965) 356.4
9301 Winnetka Ave. 21.8
Chatsworth 91311
20 Credit Union of Southern 399.7
California (1954) 339.9
8028 Greenleaf Ave. 17.6
Whittier 90602
21 Vista Federal Credit 390.3
Union (1960) 346.7
100 N. First St., Suite 100 12.6
Burbank 91502
22 Honda Federal Credit 363.6
Union (1966) 349.5
19701 Hamilton Ave., Suite 130 4
Torrance 90502
23 SCE Federal Credit Union (1952) 362.1
3810 Durbin St. 326
Irwindale 91706 11.1
24 University Credit Union (1950) 346.7
1500 S. Sepulveda Blvd. 322.8
Los Angeles 90025 7.4
25 First City Credit Union (1937) 321.7
717 W. Temple St. 300.1
Los Angeles 90012 7.2
In millions
Bank (year established) Deposits
* name * as of June 30, 2004
* address * as of June 30, 2003
* % increase (decrease)
Wescom Credit Union (1934) $2,167.1
123 S. Marengo Ave. $1,853.4
Pasadena 91101 16.9%
Kinecta Federal Credit Union 2,426.4
(1940) 2,741.1
1440 Rosecrans Ave. -11.5
Manhattan Beach 90266
Lockheed Federal Credit 1,596.7
Union (1937) 1,460.8
2340 Hollywood Way 9.3
Burbank 91505
California Credit Union (1933) 920.2
701 N. Brand Blvd. 968.7
Glendale 91203 -5
Western Federal Credit 892.1
Union (1963) 881.5
14500 Aviation Blvd. 1.2
Hawthorne 90250
Premier America Credit Union 861.7
(1957) 793.1
19867 Prairie St. 8.6
Chatsworth 91311
LBS Financial Credit Union 745
(1935) 718.8
5505 Garden Grove Blvd. 3.6
Westminster 92683
Xerox Federal Credit 576.9
Union (1964) 534.6
2200 E. Grand Ave. 7.9
El Segundo 90245
F & A Federal Credit 595.6
Union (1936) 552.4
2625 Corporate Place 7.8
Monterey Park 91754
Cal Tech Employees Federal 637.5
Credit Union (1950) 574.3
528 Foothill Blvd. 11
La Canada Flintridge 91012
Los Angeles Police Federal 540.7
Credit Union (1959) 504.8
16150 Sherman Way 7.1
Van Nuys 91406
Financial Partners Credit 554.5
Union (1937) 531.2
7800 E. Imperial Highway 4.4
Downey 90242
First Financial Credit 548.5
Union (1974) 540.5
1600 W. Cameron Ave. 1.5
West Covina 91790
Los Angeles Federal Credit 498.1
Union (1936) 463.3
300 S. Glendale Ave. 7.5
Glendale 91205
Northrop Grumman Federal 403.2
Credit Union (1946) 376.3
879 W. 190th St. 7.1
Gardena 90248
Farmers Insurance Group $324.3
Federal Credit Union (1936) $317.5
4680 Wilshire Blvd. 2.1%
Los Angeles 90010
First Entertainment Credit 454.6
Union (1967) 407.6
6735 Forest Lawn Drive 11.5
Hollywood 90068
Water and Power Community 412.9
Credit Union (1936) 382.6
1053 W. Sunset Blvd. 7.9
Los Angeles 90012
Telesis Community Credit 342.1
Union (1965) 308.6
9301 Winnetka Ave. 10.8
Chatsworth 91311
Credit Union of Southern 339.3
California (1954) 302.7
8028 Greenleaf Ave. 12.1
Whittier 90602
Vista Federal Credit 348.3
Union (1960) 308.6
100 N. First St., Suite 100 12.9
Burbank 91502
Honda Federal Credit 324.7
Union (1966) 310.1
19701 Hamilton Ave., Suite 130 4.7
Torrance 90502
SCE Federal Credit Union (1952) 302.1
3810 Durbin St. 287.5
Irwindale 91706 5.1
University Credit Union (1950) 309.7
1500 S. Sepulveda Blvd. 287.6
Los Angeles 90025 7.7
First City Credit Union (1937) 283.4
717 W. Temple St. 266.4
Los Angeles 90012 6.4
In millions
Bank (year established) Net Income
* name * Jan. 1-June 30, 2004
* address * Jan. 1-June 30, 2003
* % increase (decrease)
Wescom Credit Union (1934) $29.2
123 S. Marengo Ave. $20.7
Pasadena 91101 41.1%
Kinecta Federal Credit Union 26.6
(1940) 16.4
1440 Rosecrans Ave. 62.8
Manhattan Beach 90266
Lockheed Federal Credit 36
Union (1937) 33.1
2340 Hollywood Way 8.6
Burbank 91505
California Credit Union (1933) 6.2
701 N. Brand Blvd. 6.8
Glendale 91203 -7.9
Western Federal Credit 7.3
Union (1963) 8.8
14500 Aviation Blvd. -17.6
Hawthorne 90250
Premier America Credit Union 10.3
(1957) 12.3
19867 Prairie St. -16.3
Chatsworth 91311
LBS Financial Credit Union 13.3
(1935) 13.7
5505 Garden Grove Blvd. -3.1
Westminster 92683
Xerox Federal Credit 6.3
Union (1964) 7.2
2200 E. Grand Ave. -12.2
El Segundo 90245
F & A Federal Credit 9.6
Union (1936) 3
2625 Corporate Place 216.8
Monterey Park 91754
Cal Tech Employees Federal 7.3
Credit Union (1950) 8.6
528 Foothill Blvd. -15.4
La Canada Flintridge 91012
Los Angeles Police Federal 6.4
Credit Union (1959) 5.1
16150 Sherman Way 26.3
Van Nuys 91406
Financial Partners Credit 1.6
Union (1937) 18.8
7800 E. Imperial Highway -91.5
Downey 90242
First Financial Credit 3.6
Union (1974) -6.8
1600 W. Cameron Ave. -152.9
West Covina 91790
Los Angeles Federal Credit 6
Union (1936) 2.8
300 S. Glendale Ave. 112.1
Glendale 91205
Northrop Grumman Federal 3.1
Credit Union (1946) 0.9
879 W. 190th St. 247.6
Gardena 90248
Farmers Insurance Group $3.6
Federal Credit Union (1936) $6.1
4680 Wilshire Blvd. -41%
Los Angeles 90010
First Entertainment Credit 5.9
Union (1967) 5.5
6735 Forest Lawn Drive 8.2
Hollywood 90068
Water and Power Community 2.6
Credit Union (1936) 1.4
1053 W. Sunset Blvd. 92.8
Los Angeles 90012
Telesis Community Credit 8.4
Union (1965) 7
9301 Winnetka Ave. 21
Chatsworth 91311
Credit Union of Southern 4.9
California (1954) 3.6
8028 Greenleaf Ave. 35.9
Whittier 90602
Vista Federal Credit 3.8
Union (1960) 1.5
100 N. First St., Suite 100 155.5
Burbank 91502
Honda Federal Credit 3.9
Union (1966) 5.5
19701 Hamilton Ave., Suite 130 -28.5
Torrance 90502
SCE Federal Credit Union (1952) 3.8
3810 Durbin St. 3.6
Irwindale 91706 5.2
University Credit Union (1950) 1.4
1500 S. Sepulveda Blvd. 3.7
Los Angeles 90025 -62.7
First City Credit Union (1937) 5.8
717 W. Temple St. 3.2
Los Angeles 90012 78.6
Bank (year established) Members
* name
* address
Wescom Credit Union (1934) 229,332
123 S. Marengo Ave.
Pasadena 91101
Kinecta Federal Credit Union 190,165
(1940)
1440 Rosecrans Ave.
Manhattan Beach 90266
Lockheed Federal Credit 105,865
Union (1937)
2340 Hollywood Way
Burbank 91505
California Credit Union (1933) 74,868
701 N. Brand Blvd.
Glendale 91203
Western Federal Credit 119,015
Union (1963)
14500 Aviation Blvd.
Hawthorne 90250
Premier America Credit Union 71,644
(1957)
19867 Prairie St.
Chatsworth 91311
LBS Financial Credit Union 104,758
(1935)
5505 Garden Grove Blvd.
Westminster 92683
Xerox Federal Credit 77,168
Union (1964)
2200 E. Grand Ave.
El Segundo 90245
F & A Federal Credit 37,081
Union (1936)
2625 Corporate Place
Monterey Park 91754
Cal Tech Employees Federal 27,307
Credit Union (1950)
528 Foothill Blvd.
La Canada Flintridge 91012
Los Angeles Police Federal 41,353
Credit Union (1959)
16150 Sherman Way
Van Nuys 91406
Financial Partners Credit 51,814
Union (1937)
7800 E. Imperial Highway
Downey 90242
First Financial Credit 87,252
Union (1974)
1600 W. Cameron Ave.
West Covina 91790
Los Angeles Federal Credit 40,752
Union (1936)
300 S. Glendale Ave.
Glendale 91205
Northrop Grumman Federal 54,503
Credit Union (1946)
879 W. 190th St.
Gardena 90248
Farmers Insurance Group 36,615
Federal Credit Union (1936)
4680 Wilshire Blvd.
Los Angeles 90010
First Entertainment Credit 54,888
Union (1967)
6735 Forest Lawn Drive
Hollywood 90068
Water and Power Community 51,152
Credit Union (1936)
1053 W. Sunset Blvd.
Los Angeles 90012
Telesis Community Credit 34,143
Union (1965)
9301 Winnetka Ave.
Chatsworth 91311
Credit Union of Southern 36,761
California (1954)
8028 Greenleaf Ave.
Whittier 90602
Vista Federal Credit 67,997
Union (1960)
100 N. First St., Suite 100
Burbank 91502
Honda Federal Credit 45,904
Union (1966)
19701 Hamilton Ave., Suite 130
Torrance 90502
SCE Federal Credit Union (1952) 42,800
3810 Durbin St.
Irwindale 91706
University Credit Union (1950) 46,541
1500 S. Sepulveda Blvd.
Los Angeles 90025
First City Credit Union (1937) 45,333
717 W. Temple St.
Los Angeles 90012
Bank (year established) Capital
* name Rating (1)
* address
Wescom Credit Union (1934) *****
123 S. Marengo Ave.
Pasadena 91101
Kinecta Federal Credit Union *****
(1940)
1440 Rosecrans Ave.
Manhattan Beach 90266
Lockheed Federal Credit *****
Union (1937)
2340 Hollywood Way
Burbank 91505
California Credit Union (1933) *****
701 N. Brand Blvd.
Glendale 91203
Western Federal Credit *****
Union (1963)
14500 Aviation Blvd.
Hawthorne 90250
Premier America Credit Union *****
(1957)
19867 Prairie St.
Chatsworth 91311
LBS Financial Credit Union *****
(1935)
5505 Garden Grove Blvd.
Westminster 92683
Xerox Federal Credit *****
Union (1964)
2200 E. Grand Ave.
El Segundo 90245
F & A Federal Credit *****
Union (1936)
2625 Corporate Place
Monterey Park 91754
Cal Tech Employees Federal ****
Credit Union (1950)
528 Foothill Blvd.
La Canada Flintridge 91012
Los Angeles Police Federal *****
Credit Union (1959)
16150 Sherman Way
Van Nuys 91406
Financial Partners Credit ****
Union (1937)
7800 E. Imperial Highway
Downey 90242
First Financial Credit ***
Union (1974)
1600 W. Cameron Ave.
West Covina 91790
Los Angeles Federal Credit *****
Union (1936)
300 S. Glendale Ave.
Glendale 91205
Northrop Grumman Federal *****
Credit Union (1946)
879 W. 190th St.
Gardena 90248
Farmers Insurance Group *****
Federal Credit Union (1936)
4680 Wilshire Blvd.
Los Angeles 90010
First Entertainment Credit *****
Union (1967)
6735 Forest Lawn Drive
Hollywood 90068
Water and Power Community *****
Credit Union (1936)
1053 W. Sunset Blvd.
Los Angeles 90012
Telesis Community Credit *****
Union (1965)
9301 Winnetka Ave.
Chatsworth 91311
Credit Union of Southern *****
California (1954)
8028 Greenleaf Ave.
Whittier 90602
Vista Federal Credit *****
Union (1960)
100 N. First St., Suite 100
Burbank 91502
Honda Federal Credit ****
Union (1966)
19701 Hamilton Ave., Suite 130
Torrance 90502
SCE Federal Credit Union (1952) *****
3810 Durbin St.
Irwindale 91706
University Credit Union (1950) *****
1500 S. Sepulveda Blvd.
Los Angeles 90025
First City Credit Union (1937) *****
717 W. Temple St.
Los Angeles 90012
CAMEL Ratios
Bank (year established) * net worth (2)
* name * delinquency (3)
* address
Wescom Credit Union (1934) 8.83%
123 S. Marengo Ave. 0.45%
Pasadena 91101
Kinecta Federal Credit Union 10.17
(1940) 0.39
1440 Rosecrans Ave.
Manhattan Beach 90266
Lockheed Federal Credit 14.7
Union (1937) 0.34
2340 Hollywood Way
Burbank 91505
California Credit Union (1933) 10.77
701 N. Brand Blvd. 0.36
Glendale 91203
Western Federal Credit 11.21
Union (1963) 0.47
14500 Aviation Blvd.
Hawthorne 90250
Premier America Credit Union 8.66
(1957) 0.41
19867 Prairie St.
Chatsworth 91311
LBS Financial Credit Union 10.31
(1935) 1.06
5505 Garden Grove Blvd.
Westminster 92683
Xerox Federal Credit 10.24
Union (1964) 0.42
2200 E. Grand Ave.
El Segundo 90245
F & A Federal Credit 11.24
Union (1936) 0.76
2625 Corporate Place
Monterey Park 91754
Cal Tech Employees Federal 8.61
Credit Union (1950) 0.09
528 Foothill Blvd.
La Canada Flintridge 91012
Los Angeles Police Federal 11.65
Credit Union (1959) 0.06
16150 Sherman Way
Van Nuys 91406
Financial Partners Credit 8.95
Union (1937) 0.62
7800 E. Imperial Highway
Downey 90242
First Financial Credit 7.98
Union (1974) 2.2
1600 W. Cameron Ave.
West Covina 91790
Los Angeles Federal Credit 10.25
Union (1936) 0.68
300 S. Glendale Ave.
Glendale 91205
Northrop Grumman Federal 10.37
Credit Union (1946) 0.61
879 W. 190th St.
Gardena 90248
Farmers Insurance Group 11.53%
Federal Credit Union (1936) 0.12%
4680 Wilshire Blvd.
Los Angeles 90010
First Entertainment Credit 9.19
Union (1967) 0.19
6735 Forest Lawn Drive
Hollywood 90068
Water and Power Community 9.09
Credit Union (1936) 1.93
1053 W. Sunset Blvd.
Los Angeles 90012
Telesis Community Credit 9.32
Union (1965) 0.57
9301 Winnetka Ave.
Chatsworth 91311
Credit Union of Southern 9.38
California (1954) 0.25
8028 Greenleaf Ave.
Whittier 90602
Vista Federal Credit 9.79
Union (1960) 0.52
100 N. First St., Suite 100
Burbank 91502
Honda Federal Credit 8.42
Union (1966) 0.5
19701 Hamilton Ave., Suite 130
Torrance 90502
SCE Federal Credit Union (1952) 11.22
3810 Durbin St. 0.87
Irwindale 91706
University Credit Union (1950) 10.38
1500 S. Sepulveda Blvd. 0.25
Los Angeles 90025
First City Credit Union (1937) 10.99
717 W. Temple St. 0.20
Los Angeles 90012
CAMEL Ratios
Bank (year established) * charge-offs (4)
* name * return on average
* address assets (5)
Wescom Credit Union (1934) 0.48%
123 S. Marengo Ave. 1.1%
Pasadena 91101
Kinecta Federal Credit Union 0.8
(1940) 0.95
1440 Rosecrans Ave.
Manhattan Beach 90266
Lockheed Federal Credit 0.32
Union (1937) 1.95
2340 Hollywood Way
Burbank 91505
California Credit Union (1933) 0.63
701 N. Brand Blvd. 0.61
Glendale 91203
Western Federal Credit 0.59
Union (1963) 0.71
14500 Aviation Blvd.
Hawthorne 90250
Premier America Credit Union 0.52
(1957) 0.95
19867 Prairie St.
Chatsworth 91311
LBS Financial Credit Union 1.35
(1935) 1.63
5505 Garden Grove Blvd.
Westminster 92683
Xerox Federal Credit 0.44
Union (1964) 0.85
2200 E. Grand Ave.
El Segundo 90245
F & A Federal Credit 0.25
Union (1936) 1.4
2625 Corporate Place
Monterey Park 91754
Cal Tech Employees Federal 0.16
Credit Union (1950) 1.07
528 Foothill Blvd.
La Canada Flintridge 91012
Los Angeles Police Federal 0.12
Credit Union (1959) 1.07
16150 Sherman Way
Van Nuys 91406
Financial Partners Credit 1.26
Union (1937) 0.26
7800 E. Imperial Highway
Downey 90242
First Financial Credit 1.82
Union (1974) 0.61
1600 W. Cameron Ave.
West Covina 91790
Los Angeles Federal Credit 0.46
Union (1936) 1.1
300 S. Glendale Ave.
Glendale 91205
Northrop Grumman Federal 0.94
Credit Union (1946) 0.63
879 W. 190th St.
Gardena 90248
Farmers Insurance Group 0.19%
Federal Credit Union (1936) 0.71%
4680 Wilshire Blvd.
Los Angeles 90010
First Entertainment Credit 0.37
Union (1967) 1.22
6735 Forest Lawn Drive
Hollywood 90068
Water and Power Community 1.5
Credit Union (1936) 0.58
1053 W. Sunset Blvd.
Los Angeles 90012
Telesis Community Credit 0.96
Union (1965) 2.06
9301 Winnetka Ave.
Chatsworth 91311
Credit Union of Southern 0.5
California (1954) 1.29
8028 Greenleaf Ave.
Whittier 90602
Vista Federal Credit 0.51
Union (1960) 1
100 N. First St., Suite 100
Burbank 91502
Honda Federal Credit 0.37
Union (1966) 1.08
19701 Hamilton Ave., Suite 130
Torrance 90502
SCE Federal Credit Union (1952) 0.91
3810 Durbin St. 1.07
Irwindale 91706
University Credit Union (1950) 0.14
1500 S. Sepulveda Blvd. 0.88
Los Angeles 90025
First City Credit Union (1937) 0.36
717 W. Temple St. 1.86
Los Angeles 90012
Bank (year established) Top Local Executive
* name * name
* address * title
* phone
Wescom Credit Union (1934) Darren Williams
123 S. Marengo Ave. ceo
Pasadena 91101 (626) 535-1000
Kinecta Federal Credit Union Thomas Graham
(1940) ceo, president
1440 Rosecrans Ave. (800) 854-9846
Manhattan Beach 90266
Lockheed Federal Credit David Styler
Union (1937) ceo, president
2340 Hollywood Way (818) 565-2020
Burbank 91505
California Credit Union (1933) Ronald McDaniel
701 N. Brand Blvd. ceo
Glendale 91203 (800) 334-8788
Western Federal Credit John A. Bommarito
Union (1963) ceo, president
14500 Aviation Blvd. (310) 536-5000
Hawthorne 90250
Premier America Credit Union John Merlo
(1957) ceo, president
19867 Prairie St. (800) 772-4000
Chatsworth 91311
LBS Financial Credit Union Jeffrey A. Napper
(1935) ceo, president
5505 Garden Grove Blvd. (714) 893-5111
Westminster 92683
Xerox Federal Credit Bill Cheney
Union (1964) ceo, president
2200 E. Grand Ave. (310) 333-4200
El Segundo 90245
F & A Federal Credit Richard T. Andrews
Union (1936) ceo, president
2625 Corporate Place (323) 268-1226
Monterey Park 91754
Cal Tech Employees Federal Richard Harris
Credit Union (1950) ceo, president
528 Foothill Blvd. (800) 592-3328
La Canada Flintridge 91012
Los Angeles Police Federal Stephen Endaya
Credit Union (1959) ceo, president
16150 Sherman Way (818) 787-6520
Van Nuys 91406
Financial Partners Credit Joe Spetz
Union (1937) ceo, president
7800 E. Imperial Highway (800) 950-7328
Downey 90242
First Financial Credit Richard Ghysels
Union (1974) ceo, president
1600 W. Cameron Ave. (626) 814-4623
West Covina 91790
Los Angeles Federal Credit Steven McDiffett
Union (1936) ceo, president
300 S. Glendale Ave. (213) 484-8640 ext. 610
Glendale 91205
Northrop Grumman Federal Stanley Swenson Jr
Credit Union (1946) ceo, president
879 W. 190th St. (310) 808-4000
Gardena 90248
Farmers Insurance Group Mark Herter
Federal Credit Union (1936) ceo, president
4680 Wilshire Blvd. (323) 935-0100
Los Angeles 90010
First Entertainment Credit Charles Bruen
Union (1967) ceo, president
6735 Forest Lawn Drive (323) 845-4400
Hollywood 90068
Water and Power Community Carl Stewart
Credit Union (1936) ceo, president
1053 W. Sunset Blvd. (213) 580-1621
Los Angeles 90012
Telesis Community Credit Grace Mayo
Union (1965) ceo, president
9301 Winnetka Ave. (818) 885-1226
Chatsworth 91311
Credit Union of Southern Dave Gunderson
California (1954) ceo, president
8028 Greenleaf Ave. (562) 698-8326
Whittier 90602
Vista Federal Credit John Janclaes
Union (1960) ceo, president
100 N. First St., Suite 100 (407) 354-5100
Burbank 91502
Honda Federal Credit Jim Updike
Union (1966) ceo, president
19701 Hamilton Ave., Suite 130 (310) 217-8600
Torrance 90502
SCE Federal Credit Union (1952) Dennis Huber
3810 Durbin St. ceo
Irwindale 91706 (800) 866-6474
University Credit Union (1950) Charles Bumbarger
1500 S. Sepulveda Blvd. ceo, president
Los Angeles 90025 (310) 477-6628
First City Credit Union (1937) Steve Punch
717 W. Temple St. ceo, president
Los Angeles 90012 (800) 944-2200
(1) Bauer Financial Reports Inc. proprietary ratings classify each
institution based upon a formula which factors in relevant data
including, but not limited to, current capital levels, proposed
regulations, profitability, historical trends, loan delinquencies,
repossessed assets, reserves, regulatory compliance and asset
quality. Ratings are based on March 31, 2004 data.
***** Superior
**** Excellent
***+ Good
*** Adequate
(2) This is a capital adequacy ratio that measures net worth in
relation to total assets.
(3) This is an aset quality ratio that measures delinquent loans in
relation to total loans.
(4) This is an asset quality ratio that measures net charge-offs in
relation to average loans.
(5) This is an earnings ratio that measures net income in relation
to average assets.
Key CAMEL Ratios are used by the National Credit Union Administration
to evaluate the performance of credit unions.
To the best of our knowledge, this information is accurate as of
press time. While every effort is made to ensure the accuracy and
thoroughness of the list, omissions and typographical errors sometimes
occur. Please send corrections or additions on company letterhead to
the Research Department, Los Angeles Business Journal, 5700 Wilshire
Blvd., Suite 170, Los Angeles 90036. [C]2004 Los Angeles Business
Journal. This list may not be reprinted in whole or in part without
prior written permission from the editor. Reprints are available from
Wright's Reprints, (877) 652-5295.
Researched by David Nusbaum
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