LAFCU raised $16,500 for Toys for Tots
LOS ANGELES, CA (December 23, 2022) — Los Angeles Federal Credit Union (LAFCU) raised $16,500 in donations for their 2022 Toys for Tots toy drive. Like last year, instead of collecting toys, funds were easily & conveniently raised online and in our branches. Our $5,000 goal got eclipsed quickly and we ultimately raised $11,500 – surpassing the goal by 130%. LAFCU also matched up to $5,000 through its 501(c)3 charity, the Los Angeles Charitable Association (LACA), bringing the total donated to $16,500, which is an all-time record fundraising amount for the credit union.
All proceeds raised will be used to buy then distribute toys to less fortunate kids in Southern California during the holidays. The U.S. Marine Corps Toys for Tots foundation distributes over 18 million toys to 7 million children annually. The foundation is also 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 27+ 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 On 12-21-22, members of the Los Angeles Charitable Association (LACA) Board presented a $16,500 donation to Toys For Tots representative Sergeant Austin J Emley of the United States Marine Corps. From l to r, Marty Goodman, LACA Secretary; Anthony Cuevas, LACA President; Sgt Emley; and Richard Lie, LACA Treasurer
On 12-21-22, members of the Los Angeles Charitable Association (LACA) Board presented a $16,500 donation to Toys For Tots representative Sergeant Austin J Emley of the United States Marine Corps. From l to r, Marty Goodman, LACA Secretary; Anthony Cuevas, LACA President; Sgt Emley; and Richard Lie, LACA Treasurer.
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.
