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LAFCU raised $12,000 for Toys for Tots

LOS ANGELES, CA (December 22, 2021) — Los Angeles Federal Credit Union (LAFCU) raised $12,000 in donations for their 2021 Toys for Tots toy drive. Due to the COVID19 pandemic, instead of collecting toys, funds were raised online and in our branches. Our $5,000 goal got eclipsed quickly and we ultimately raised $7,000 – surpassing the goal by 40%. LAFCU also matched up to $5,000 through its charity, the Los Angeles Charitable Association, bringing the total donated to $12,000.

All proceeds raised will be used to buy then distribute toys to less fortunate kids in the Greater Los Angeles Area during the holidays. The U.S. Marine Corps Toys for Tots foundation distributes more than 18 million toys to 7 million children annually. The foundation is a 501(c)3 not-for profit public charity, and 97% of donations go directly to its mission of helping children. LAFCU has been a 25+ year partner with Toys for Tots and is proud to be a part of its mission.

Anyone who lives in most counties of Southern California can join LAFCU and take advantage of its financial services. For details, visit www.LAFCU.org, call (877) MY LAFCU (695-2328), or visit a branch.

About LAFCU (CA)

LAFCU was founded in 1936 by 13 Los Angeles City Employees to give fellow employees a safe, low-cost, and convenient source to borrow and save money during the height of the Great Depression. 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 most counties of Southern California by establishing the Los Angeles Charitable Association, Inc. (LACA). LACA is a 501(c)3 nonprofit charity that donates and supports charities in the greater L.A. area that since 2006, has donated over $500,000 to those charities.

Now, 85 years after its initial deposit of $65, LAFCU manages $1.2 billion in assets, has 71,000 members, staffs seven branches, and its members can access a nationwide network of 30,000 CO-OP ATMs and 5,000 shared branches.

Anyone living in most counties of Southern California can join LAFCU and take advantage of its financial services. For details, visit www.LAFCU.org, call (877) MY LAFCU (695-2328), or visit a branch.