EIN 95-1644568

LBS Financial Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
308
Year formed
1935
Most recent tax filings
2022-12-01
Description
LBS Financial Credit Union promotes thrift and savings among its members through its cooperative structure. It creates a source of credit for them at rates set by the Board of Directors and provides an opportunity to use deposit and lending products. These products include checking and savings accounts, money market accounts, CDs, IRAs, various club accounts, as well as home, auto, personal loans and credit cards. LBS Financial Credit Union is located in Westminster, CA.
Related structure
LBS Financial Credit Union is child organization, under the parent exemption from Credit Unions in the State of California.
Also known as...
Credit Unions in the State of California
Total revenues
$64,266,960
2022
Total expenses
$46,656,926
2022
Total assets
$2,012,780,174
2022
Num. employees
308
2022

Program areas at LBS Financial Credit Union

Providing lending services to our member-owners at more attractive rates with lower fees. The lending products offered include: home loans, home equity loans, auto loans, motorcycle loans, visa Credit cards, personal loans, boat loans, and rv loans.
A new on-line account opening program was launched, a new heloc program, emv chip enabled atm machines, emv chip enabled debit and Credit cards, apple, samsung and android pay were introduced.
Providing deposit services for our member-owners with lower fees and attractive rates. The deposit services include: checking accounts, share savings, money market accounts, share certificates of deposit, iras, special occasion club accounts, and summer savings plans.

Grants made by LBS Financial Credit Union

GranteeGrant descriptionAmount
Children's Miracle Network Hospitals (CMN Hospitals)Provide Financial Support for Medical Care for Children$20,850
Long Beach City College FoundationTo Raise Funds To Support the College's Outstanding and Evolving Learning Environment.$8,400

Personnel at LBS Financial Credit Union

NameTitleCompensation
Jeffrey Allen NapperPresident and Chief Executive Officer$1,075,657
Susan M WightSenior Vice President and Chief Financial Officer$315,193
Christine Wu-Lin BassVice President and Branch Operations$152,785
Melissa MartinezVice President and Loan Administration$160,956
Sargeant AlvaVice President and Residential Lending$141,146
...and 1 more key personnel

Financials for LBS Financial Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$54,841,812
Investment income and dividends$8,957,844
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$99,929
Net gain from sale of non-inventory assets$48,840
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$318,535
Total revenues$64,266,960

Form 990s for LBS Financial Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-08990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2018-122020-01-24990View PDF
2017-122019-03-15990View PDF
...and 8 more Form 990s

Organizations like LBS Financial Credit Union

OrganizationLocationRevenue
California Credit UnionGlendale, CA$152,708,557
Christian Community Credit UnionSan Dimas, CA$38,274,101
Star One Credit UnionSunnyvale, CA$255,066,926
San Diego Metropolitan Credit UnionSan Diego, CA$17,871,184
Premierone Credit UnionSan Jose, CA$20,460,473
Financial Partners Credit UnionDowney, CA$83,728,887
SF Police Credit Union (SFPCU)San Bruno, CA$36,091,667
SF Fire Credit UnionSan Francisco, CA$62,656,925
Coast Central Credit UnionEureka, CA$66,591,892
Commonwealth Central Credit UnionSan Jose, CA$26,354,115
Data update history
January 20, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 20, 2024
Updated personnel
Identified 1 new personnel
July 29, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2020
July 12, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local levelProvides scholarships
General information
Address
5505 Garden Grove Blvd
Westminster, CA 92683
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Orange County, CA
Website URL
lbsfcu.org/ 
Phone
(714) 893-5111
IRS details
EIN
95-1644568
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1935
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
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