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Benefits and Eligibility

 

The Credit Union Difference

As a credit union, we have members, not customers—our family includes law enforcement officers, civilians and their relatives. Because we don’t answer to stockholders, we can offer a number of exclusive rates and services you won’t find at most banks.

 


 

A Better Deal

 

Start saving today. We are committed to offering a number of exclusive rates and services you won’t find at most banks.

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Expect a high level of convenience

 

We give you the best of both worlds. We’re completely local, but we still provide our members with every convenience.

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Are you eligible?

 

We are proud to serve the Los Angeles County law enforcement community. Our goal is to become your financial partner for life.

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Membership Perks

 

Our members work hard and deserve to play hard. Members have access to discounted tickets to theme parks, sporting events and more!

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  • *Member Benefits is available to all LAPFCU members in good standing who qualify. To be eligible, your Primary Share account requires a minimum balance of $5.00. Additionally, you will need to meet at least one of the following three qualification options: (1) Maintain an active LAPFCU checking account that has a monthly Direct Deposit or ACH Credit Transfer of at least $250.00, opt-in to receive e-Statements and e-Disclosures and perform four or more payments via Online Bill Pay or ACH debits monthly; OR (2) Maintain an active LAPFCU checking account that has a monthly Direct Deposit or ACH Credit Transfer of at least $250.00 and maintain an active LAPFCU Money Market or Share Certificate account with a minimum average daily balance of $2,500; OR (3) Have an existing LAPFCU closed-end loan with automatic loan payments and opt-in to receive e-Statements and e-Disclosures. Closed-end loans exclude home equity lines of credit, unsecured lines of credit and credit cards.

    **Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the Credit Union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. Los Angeles Police Federal Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.

    1Immediate family is defined as: spouse, domestic partner, child, sibling, parent, grandparent, grandchild, step-parent, step-child, step-sibling, adopted child and legal guardianship. Domestic partnership eligibility is limited to a member’s domestic partner, as defined in LAPFCU’s Affidavit of Domestic Partnership; legal guardianship is defined by a court order. Once an immediate family members joins, then that person’s immediate family is eligible to join.

    2Household member is defined as: Domestic partners and legal guardianship relationship. Domestic partnership eligibility is limited to a member’s domestic partner, as defined in LAPFCU’s Affidavit of Domestic Partnership; legal guardianship is defined by a court order. Once a household member joins, then that person’s immediate family is eligible to join.

    3Organizations of such persons is defined as: An organization or organizations composed exclusively of persons who are in the field of membership of Los Angeles Police Federal Credit Union.