Polam Federal Credit Union

Rated star_ratedstar_ratedstar_ratedstar_normalstar_normal by Credit Guide
Review based on 12 criteria Rating: 3 out of 5

589 N Larchmont Blvd, Los Angeles, CA 90004-1305

Website

(323) 463-5137

Data Source: NCUA, December 31, 2016


Polam Federal Credit Union, CA, Los Angeles, CA was founded in 1969. Headquartered in Los Angeles, California, Polam Federal Credit Union, CA, Los Angeles, CA is a federally chartered and federally insured credit union, operating within the regulation of the National Credit Union Association (NCUA) and being insured through the National Credit Union Share Insurance Fund (NCUSIF). Polam Federal Credit Union, CA, Los Angeles, CA is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.

As of December 31, 2016, Polam Federal Credit Union, CA, Los Angeles, CA services 2,072 members through its 2 offices and branches and 8 full-time and 1 part-time employees. It has $54,190,749 of total assets and $6,265,738 of net worth. Based on its asset size and net worth ratio, Polam Federal Credit Union, CA, Los Angeles, CA is classified as a Well Capitalized medium credit union.

Polam Federal Credit Union, CA, Los Angeles, CA offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Polam Federal Credit Union, CA, Los Angeles, CA also provides an array of services to its members and local communities. To find out more, please go to the Services page.

The following two tables list the deplitory and loan interest rates of Polam Federal Credit Union, CA, Los Angeles, CA’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in California and in the nation.

Major Deplitory Accounts and Interest Rates (%)

Interest Rate
Median of California
Median of USA
Checking
0.0000
0.0000
0.0000
Savings
0.2500
0.1000
0.1200
Money Market
0.1500
0.1900
0.2500
Certificate Deplit
0.9200
0.5500
0.5800
IRA
1.0000
0.4500
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of California
National Median Rates
Credit Cards
9.9800
10.0400
9.9900
Unsecured Line of Credits
9.9500
10.9900
10.9500
Short-term Small Amount
n/a
28.0000
25.0000
Student Loans
n/a
5.7500
6.0200
New Car Loans
1.9900
3.0000
3.3300
Used Car Loans
3.6500
3.7400
4.5000
1st Mortgage Real Estates
2.9500
4.0300
4.2500
Other Real Estates
3.9900
4.7400
4.7000

Polam Federal Credit Union, CA, Los Angeles, CA prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Polam Federal Credit Union, CA, Los Angeles, CA.

Electronic Banking Service Offerings

Membership Application
No
No
Share Account Transfers
Yes
New Loan Application
No
Share Draft Orders
Yes
No
New Share Account
No
Bill Payment
Yes
Yes
e-Statements
Yes
Loan Payments
Yes
No
Account Balance Inquiry
Yes
No
No
View Account History
Yes
No

.

Community and other Service Offerings

Financial Counselling
No
Bilingual Services
Yes
Free Bill Pay
Yes
Financial Education
No
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
No
Student Scholarships
No
Insurance/Investment Sales
No
First Time Homebuyer Program
No
Orange Branch
1700 N Tustin St
Orange, CA 92865-4603
Phone:714-998-1016

Polam Fcu
Main Office

589 N Larchmont Blvd
Los Angeles, CA 90004-1305
Phone:323-463-5137

(323) 460-4518

No Review

  1. Credit Guide Staff
    Credit Guide Staff

    Last Updated on May 30, 2017

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