LAFCU raises $15,000 for Children’s Hospital LA
LOS ANGELES, CA (December 11, 2020) — Los Angeles Federal Credit Union (LAFCU) raised $12,000 in donations for Children’s Hospital Los Angeles (CHLA) during September. The funds were raised from online contributions, in-person branch donations, and from a raffle of CHLA-themed backpacks for LAFCU staff and their families. For every dollar raised LAFCU also matched up to $5,000 for CHLA through LAFCU’s charity, the Los Angeles Charitable Association. One hundred percent of donations will go to support CHLA’s “COVID-19 Emergency Response Fund.”
This fund will help pay for:
- 5,000 daily health screenings for patients, families, guests, & team members at CHLA.
- COVID-19 tests for all inpatients & patients undergoing procedures.
- TeleHealth resources & Artificial Intelligence health screening bots.
- Personal Protective Equipment (PPE) & Sanitation Supplies for team members.
Additionally, a previous donation of $3,000 was presented to CHLA in March 2020, raising the total donated in 2020 to $15,000. Please join us in supporting Children’s Hospital Los Angeles today at https://www.chla.org.
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.
On 10-20-20, Sara Hackett (left), Asst VP of Corp Partnerships at Children’s Hospital LA, is presented a $15,000 donation to her hospital’s COVID-19 Relief Fund by Richard Lie (right), President/CEO of Los Angeles Federal Credit Union and other LAFCU executives.
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.
