Lockheed Federal Credit Union Among Best Places to Work in L.A.


BURBANK, CA--(Marketwire - September 14, 2010) -  Lockheed Federal Credit Union (LFCU), the largest financial institution based in the San Fernando Valley, announced today that it is one of the Best Places to Work in Los Angeles 2010 (large-sized company), as reported by the Los Angeles Business Journal. LFCU is listed among the top-four large workplaces in Los Angeles.

"Being recognized as one of the best places to work in Los Angeles is a great tribute to LFCU's terrific staff," said Dave Styler, President and CEO. "This award reflects the credit union's strategy of creating a happy workforce, based on the knowledge that happy employees are much more likely to provide excellent service."

LFCU offers its employees many unique advantages, including:

  • Competitive compensation
  • Bonus or incentive programs for all levels of employees
  • Medical, dental, vision benefits on first day of hire (includes part-time employees working 20 hours per week or more)
  • Paid Time Off Program -- 15 days off first year (full-time employees)
  • Float days in addition to paid time off
  • Paid holidays
  • Volunteer Time Off Program
  • 401(k) program with a generous match, plus annual employer supplemental contribution
  • Tuition reimbursement
  • Teleworking opportunities
  • Travel and entertainment discounts
  • Ideas Awards Program
  • Service Champion Awards Program
  • Employee Mortgage Discount Program
  • Monthly fun activities
  • Annual awards gala

The list of top workplaces can be found at www.bestplacestoworkla.com.

LFCU was selected fifth among large companies in 2007 as a Best Place to Work in Los Angeles. Also in 2007, LFCU was ranked No. 1 in the large-sized company category of California's Best Places to Work program, sponsored by the Employer's Group.

About Lockheed Federal Credit Union
Lockheed Federal Credit Union has more than 100,000 members and more than $2.9 billion in assets. Chartered in 1937, LFCU offers members preferred rates on savings and loan accounts, surcharge-free access to 25,000 ATMs, and access to a nationwide network of branches. Today, LFCU is the largest financial institution headquartered in the San Fernando Valley.

LFCU operates branches in the San Fernando, San Gabriel, Santa Clarita and Antelope valleys, as well as eastern Ventura County. Most Southern California residents are eligible to open an account. Ask for details. Deposits in LFCU are federally insured by the National Credit Union Administration, a U.S. Government Agency, www.ncua.gov. LFCU is an equal housing lender.

For more information about LFCU, visit www.lfcu.com or call (800) 328-5328.

LFCU in the Community
LFCU continues to support the community through its nonprofit foundation, LFCU Community Stars. In 2007, LFCU employees developed LFCU Community Stars Foundation to support local charities through financial donations and volunteerism. LFCU employees make voluntary contributions to sponsored charities through payroll deductions and special fund-raising events.

Contact Information:

Media Contact:
Alethia Calagias
818.565.2520 (work)

www.lfcu.com