Download the 2011 SFV's Includes the 2011 SFV'S LARGEST CREDIT UNIONS list for download (pdf) list (pdf)

EXECUTIVE SUMMARY

As ranked by assets, this year’s list of largest credit unions features Lockheed Federal and Premier America at No. 1 and 2, respectively. Caltech Employees, which is based in Glendale, ranked No. 3 while California Credit Union was No. 4; the companies switched positions compared to the results of 2010. Not included this year, First Entertainment Credit Union earned the No. 6 spot with nearly $860 million total assets.

By Marvin Vasquez


THE PACESETTER

Lockheed Federal Credit Union, located in Burbank, ranks at the top of this year’s list with over $3 billion total assets. Founded in 1937 and carrying 11 total local branches, Lockheed Federal also posted deposits surpassing the $2.5 billion mark and a net income above $16 million. LFCU, managed by President David M. Styler, has received a rating of “Superior” or “Excellent” by Bauer Financial for 15 straight years, and it has been voted the Best Credit Union in the area for six consecutive years by Santa Clarita Valley residents.

– By Marvin Vasquez