LAFCU raised $12,250 for Toys for Tots
LOS ANGELES, CA (December 29, 2023) — Los Angeles Federal Credit Union (LAFCU) raised $12,250 in donations for its 2023 Toys for Tots toy drive. Donations were gathered in their branches, from staff, from PayPal online, and from the donation/transfer function in mobile/online banking. Their $5,000 goal got eclipsed quickly and they ultimately raised $7,250. LAFCU also matched up to $5,000 through its 501(c)3 charity, the Los Angeles Charitable Association (LACA), bringing the total donated to $12,250 which paid for about 1,225 toys that were purchased then given to deserving children during the holidays.
Also, for the first time in four years, 253 toys were donated in their branches by members and LAFCU staff. Since its founding in 1947, the U.S. Marine Corps Toys for Tots foundation has distributed 652 million toys to 291 million deserving children. The foundation is also a 501(c)3 not-for profit public charity and since 2001 has ranked as one of the top-rated charities by “Philanthropy 400.” LAFCU has been a 25-year partner with Toys for Tots and is proud to be a part of its mission.
Anyone living 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 visit a branch.
In November & December 2023, Los Angeles Federal Credit Union members and employees
raised $12,500 & received toy donations for the Toys for Tots charity. Pictured with some of the 253 toys are
(from l to r), Richard Lie, LAFCU President/CEO; Brian Gregory, Sr. VP Member Experience; Dina Franks,
Marketing Manager; Anthony Cuevas, EVP/COO; and Marty Goodman, VP Marketing.
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.
