LAFCU donated funds & volunteered at the food bank
GLENDALE, CA (August 27, 2024) — For over two hours on Saturday, August 17, nineteen employees & their friends/family from Los Angeles Federal Credit Union (LAFCU) volunteered at the Los Angeles Regional Food Bank warehouse near downtown Los Angeles. The dedicated group joined other volunteers to assemble 3,400 mini-bags of potatoes or pears, equaling 17,000 lbs. These bags will be delivered soon to meal distribution sites in LA County then given to those experiencing food insecurity.
After assembling the bags, all LAFCU volunteers gathered together to present a $5,000 donation check to the Food Bank. This amount will help create 20,000 meals.
Since its founding in 1973, the Food Bank has distributed over 1.9 billion meals to food-insecure people in Southern California. A donation of just $25 helps to provide the equivalent of up to 100 meals for those in need. The Food Bank collects food from hundreds of resources. With the help of hundreds of thousands of volunteers annually and an agency network of more than 600 partner agencies, the Food Bank serves more than 900,000 people monthly. In addition, 97% of revenues go directly to programs.
Anyone who lives in the Greater Los Angeles, California Metropolitan area can join LAFCU and take advantage of its financial services. For details, visit www.LAFCU.org, call (877) MY LAFCU (695-2328), or stop by one of their branches.
On 8/17/24, at the Los Angeles Regional Food Bank south of downtown LA, 19 volunteers from Los Angeles Federal Credit Union helped assemble 3,400 mini-bags of potatoes & pears. In the photo, a $5,000 donation was presented to the Food Bank from the credit union’s charity, the Los Angeles Charitable Association, Inc., a 501(c)3 nonprofit. The produce & donation will help those facing food insecurity in LA County.
About LAFCU (CA)
LAFCU was founded in 1936 by 13 Los Angeles, California City Employees to give employees a safe, low-cost, and convenient source to borrow and save money. They gathered $65 to form the “Los Angeles City Employees Federal Credit Union.” In 1987, the name changed to Los Angeles Federal Credit Union to reflect a growing field of membership, which started to include immediate family members of City employees and individuals who lived in the same household as a current member. In 2006, LAFCU expanded its field again to include residents living in the Greater Los Angeles Metropolitan Area by establishing the Los Angeles Charitable Association, Inc. (LACA). LACA is a 501(c)3 nonprofit charity that has donated over $700,000 to other charities.
Today, LAFCU manages $1.3 billion in assets, has 76,000 members, staffs eight branches, and its members can access a nationwide network of 30,000 CO-OP ATMs and 5,000 shared branches. Their many benefits include high savings rates, low loan rates (vehicle, personal, mortgage & credit cards) free checking, free mobile app, 24/7 virtual assistant, Relationship Rewards accounts, financial advice, investment services, and business accounts.
To join LAFCU and enjoy its financial services, visit www.LAFCU.org, call (877) MY LAFCU (695-2328), or visit a branch.
