EXECUTIVE SUMMARY In the tradition of this year’s banking Lists, the Valley’s largest credit unions rankings were fairly similar to last year’s. Water & Power Community jumped over Telesis Community to the no. 8 position while Antelope Valley Federal overtook Clearpath Federal and Universal City Studios to claim the no. 16 position. Of further note, Los Angeles Police Federal was the only credit union in the top ten to gain members. – By Josh Dausch THE PACESETTER Returning from last year, Lockheed Federal once again came in as no. 1 with the most assets of all Valley-area credit unions. Despite experiencing a small drop in membership and reporting lower net income and deposits in the first quarter of 2010, Lockheed saw growth in assets. With 72 years of experience in the industry, LFCU has received a rating of “Superior” or “Excellent” by Bauer Financial for 14 consecutive years. – By Josh Dausch Download the 2010 SFV’s LARGEST CREDIT UNIONS list (pdf)
EXECUTIVE SUMMARY / THE PACESETTER – Largest Credit Unions
