Lbs Financial Credit Union

Headquarters

Po Box 4860
Long Beach, CA 90804
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Notable Rates	APY	Vs.Others
Savings	0.10%	5.50% →
1-Year CD	0.60%	4.65% →
2-Year CD	0.80%	4.25% →
5-Year CD	1.15%	4.05% →
30-Year Mortgage	N.A.	4.91% →
15-Year Mortgage	N.A.	4.39% →
HELOC	N.A.	0.99% →

Overview
Membership
Deposit Rates
Loan Rates
Branches
Climate
Financial Details
FAQs
Reviews

2024 Overview

General Credit Union Information

Lbs Financial is an NCUA insured institution located in Long Beach, CA. It was founded in 1935 and has approximately $2068.7 millions in assets.

Who can join?

You are eligible to become a Member of LBS Financial Credit Union if you reside or work in the Counties of Orange, Riverside, San Diego or San Bernardino; or the following Los Angeles County cities: Artesia, Avalon, Azusa, Baldwin Park, Bellflower, Carson, Cerritos, City of Industry, Claremont, Compton, Covina, Diamond Bar, Downey, El Segundo, Gardena, Glendora, Hacienda Heights, Harbor City, Hawaiian Gardens, Hawthorne, Hermosa Beach, Irwindale, La Habra Heights, Lakewood, La Mirada, La Puente, La Verne, Lawndale, Lomita, Long Beach, Los Nietos, Manhattan Beach, Norwalk, Palos Verdes Estates, Paramount, Pomona, Rancho Dominguez, Rancho Palos Verdes, Redondo Beach, Rolling Hills Estates, Rolling Hills, Rowland Heights, San Dimas, San Pedro, Santa Fe Springs, Signal Hill, Torrance, Walnut, West Covina, Whittier and Wilmington.

Employees currently employed or retired from one of the following school districts are eligible to join along with their family members:

ABC Unified School District
Bellflower Unified School District
California State University, Long Beach
California State University, Long Beach Alumni Association
Cerritos Community College
Concorde Career Institute, Garden Grove, CA
Long Beach City College
Long Beach School for Adults
Long Beach Unified School District
Norwalk-La Mirada School District

You may also qualify for Membership if one of your family members is already a Member of LBS Financial Credit Union.

If you live or work in California, but don’t qualify for Membership based on the above geographic eligibility or family relation, you may join the Financial Fitness Association to become a Member of LBS Financial for an extra $5.00


NCUA Insured	Yes / State-Chartered
Charter Number #	# 68460
Date Established	1935
Assets	$2,068.70 million
Loans	$1,064.85 million
Deposits	$1,740.33 million
Capital	$268.01 million

Field of Membership Restrictions

Membership in LBS Financial Credit Union is open to anyone who lives or works in California through joining the Financial Fitness Association through the credit union ($8 membership fee). Membership is also open to the following: (1) those who live or work in Orange, Riverside, San Diego or San Bernardino Counties in California and select cities in Los Angeles County; (2) employees or retirees of ABC Unified School District, California State University (Long Beach), Cerritos Community College, Long Beach City College, Long Beach Unified School District, Norwalk-La Mirada School District, Long Beach School for Adults, Concorde Career Institute, or Bellflower Unified School District.

Deposit Rates - December 21, 2024

Your Current Location: Ohio, OH 43085

Savings and Money Market Rates (Share Account Rates)	APY	MIN	MAX
Savings	0.10%	$2,500	$4,999	Learn More Reviews
Money Market	0.20%	$2,500	$2,999	Learn More Reviews
Money Market	0.20%	$10,000	$14,999	Learn More Reviews
Money Market	0.30%	$25,000	$29,999	Learn More Reviews

CD Rates (Share Certificate Rates)	APY	MIN	MAX
6 Mo CD	0.45%	$10,000	$14,999	Learn More Reviews
6 Mo CD	0.50%	$100,000	$199,999	Learn More Reviews
12 Mo CD	0.50%	$10,000	$14,999	Learn More Reviews
12 Mo CD	0.60%	$100,000	$199,999	Learn More Reviews
18 Mo CD	0.60%	$10,000	$14,999	Learn More Reviews
18 Mo CD	0.70%	$100,000	$199,999	Learn More Reviews
24 Mo CD	0.70%	$10,000	$14,999	Learn More Reviews
24 Mo CD	0.80%	$100,000	$199,999	Learn More Reviews
30 Mo CD	0.75%	$10,000	$14,999	Learn More Reviews
30 Mo CD	0.85%	$100,000	$199,999	Learn More Reviews
36 Mo CD	0.80%	$10,000	$14,999	Learn More Reviews
36 Mo CD	0.90%	$100,000	$199,999	Learn More Reviews
48 Mo CD	0.90%	$10,000	$14,999	Learn More Reviews
48 Mo CD	1.01%	$100,000	$199,999	Learn More Reviews
60 Mo CD	1.01%	$10,000	$14,999	Learn More Reviews
60 Mo CD	1.15%	$100,000	$199,999	Learn More Reviews

Int Checking Rates	APY	MIN	MAX
Int Ckg	0.10%	$2,500	$3,499	Learn MoreShow Less

Loan Rates - December 21, 2024

Your Current Location: Ohio, OH 43085

There are currently no loan rates available for Lbs Financial

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Ohio 30 Year Fixed Mortgage Rates 2024

Lender	APR	Rate (%)	Points	Fees	Monthly Payment	Learn More
NMLS ID: 1835285	6.494%	6.375%	0.75	$4,000	$1,997	Learn More
NMLS ID: 1025894	6.863%	6.750%	1.00	$3,705	$2,076	Learn More
NMLS ID: 2592312 License#: RM.805266.000	6.879%	6.750%	1.00	$4,432	$2,076	Learn More
NMLS ID: 401822	7.034%	6.875%	1.00	$5,195	$2,103	Learn More

See More Mortgage Rates →

Featured - Ohio Home Equity Line Of Credit Rates 2024

Lender	APR (%)^?	Monthly Payment^?	Learn More
Third Federal Savings and Loan See Table	Intro APR 7.240 % After Intro: 7.240 %	$0	Learn More More Info
Conditions… Variable APR of Prime minus 1.01% in all states. Min loan amount $10,000. Max loan amount $200,000. 30-year term. Annual fee waived for the first year. See conditions for guarantee at thirdfederal.com. Third Federal rate are typically 20% lower than other leaders Guaranteed Lowest Rate No closing costs, prepayment penalties, or minimum draw requirements 10 year draw period
Rate See Table	Intro APR 7.900 % After Intro: 7.900 %	$25,000	Learn More More Info
A Guaranteed Rate HELOC is secured with your home as collateral, whereas personal loans and credit cards are not. To check the rates and terms you qualify for, we will conduct a soft credit pull that will not affect your credit score. However, if you continue and submit an application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit. Approval may be granted in five minutes but is ultimately subject to verification of income and employment, as well as verification that your property is in at least average condition with a property condition report. Five business day funding timeline assumes closing the loan with our remote online notary. Funding timelines may be longer for loans secured by properties located in counties that do not permit recording of e-signatures or that otherwise require an in-person closing. Guaranteed Rate Home Equity Line is an open-end product where the full loan amount (minus lender, broker, third party, and governement fees, as applicable) will be 100% drawn at the time of origination. The initial amount funded at origination will be based on a fixed rate; however, this product contains an additional draw feature. As the borrower repays the balance on the line, the borrower may make additional draws during the draw period. If the borrower elects to make an additional draw, the interest rate for that draw will be set as of the date of the draw and will be based on an Index, which is the Prime Rate published in the Wall Street Journal for the calendar month preceding the date of the additional draw, plus a fixed margin. Accordingly, the fixed rate for any additional draw may be higher than the fixed rate for the initial draw. Apply in 5 minutes, get your money in as fast as 5 days. Digital application experience. Funds directly to your bank account. No in-person appraisal needed.
Achieve Loans See Table	Intro APR 10.625 % After Intro: 10.625 %	$0	Learn More More Info
Home Equity loans are available through our affiliate Achieve Loans (NMLS ID #1810501), Equal Housing Lender. All loan requests are subject to eligibility requirements, application review, loan amount, loan term, and lender approval. Product terms are subject to change at any time. Offers are a line of credit. Loans are not available to residents of all states and available loan terms/fees may vary by state where offered. Line amounts are between $15,000 and $300,000 and are assigned based on product type, debt-to-income ratio, and combined loan-to-value ratio. Minimum 640 credit score applies for debt consolidation requests, minimum 700 applies for cash out requests. Other terms, conditions and restrictions apply. Fixed rate APRs range from 8.75% - 15.00% and are assigned based on underwriting requirements; offer APRs include a .50% discount for automatic payment enrollment (autopay enrollment is not a condition of loan approval). Example: average HELOC is $57,150 with an APR of 12.75% and estimated monthly payment of $951 for a 15-year loan. 10, 15, 20, and 30-year terms available (20 and 30 year terms only available for cash out requests). All terms have a 5-year draw period with the remaining term being a no draw period. Payments are fully amortized during each period and determined on the outstanding principal balance each month. Closing fees range from $750 to $6,685, depending on line amount and state law requirements and typically include origination (3.5% of line amount) and underwriting ($725) fees if allowed by law. Property must be owner-occupied and combined loan-to-value ratio may not exceed 80%, including the new loan request. Property insurance is required and flood insurance may be required if the subject property is located in a flood zone. You must pledge your home as collateral. Contact Achieve Loans for further details. Competitive rates, Pre-qualify in minutes Mortgage Advisors standing by to help find the best solution Flexible terms with fast funding Minimum credit score: 640

See More Home Equity Rates →

Note to Lbs Financial
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Branches

Below are Lbs Financial branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Columbus,Ohio

Lbs Financial Locations around zip code 43085

Branch	Distance	Map	View Lobby Hours
Newport-Mesa	1898.68	A	View Lobby Hours
Westminster	1905.50	B	View Lobby Hours
Cerritos	1907.10	C	View Lobby Hours
Los Altos	1908.65	D	View Lobby Hours
Lakewood	1909.00	E	View Lobby Hours
East Long Beach	1910.93	F	View Lobby Hours
Bixby Knolls	1912.23	G	View Lobby Hours

View Branches Nationwide →

Climate Policy and Initiatives

LBS FINANCIAL is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.

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Financial Details

Lbs Financial Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Lbs Financial. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio

Lbs Financial	U.S. Average
3.86%	5.83

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2024, Lbs Financial had $10,043,980 in non-current loans and $560,650 in owned assets. To cover these potential losses it had $268,011,029 in net worth and $6,387,423 in loans loss reserves. That gives it a Texas Ratio of 3.86%.

Net Worth

Lbs Financial	U.S. Average
12.94%	13.93%

Lbs Financial FCU has a net worth of 12.94% versus the BestCashCow average of 13.93. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Customer Reviews for Lbs Financial

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