We saved our Membership almost $18 million in 2021, according to Credit Union National Association (CUNA).* Based on their research results in comparing our rates and fees with an average of the rates and fees of all California banks, LBS Financial Members save over $128 a year (per individual) and their households save $270 a year. Our Members enjoy these savings due to LBS Financial’s lower loan rates, lower or fewer fees, and higher dividends on deposit accounts.
The numbers above are averages, so the more products and services you use at the Credit Union, the more you and your family can save. Thanks for your support and participation in the Credit Union!
*Assumes 2.1 Credit Union Members per household and 139,934 LBS Financial Members.
