A better way to bank.
First City Credit Union is a nation leading 5-star rated credit union.
With more than $600 million in assets, more than 60,000 members, and capital reserves of more than 11% of assets – a measurement of strength that few banks or credit unions can match – First City is
among the nation’s strongest financial institutions.
|First City Credit Union exists to serve its members. The credit union is committed to offer a broad range of quality financial services, delivered and priced to provide good value.
The credit union shall maintain financially sound and ethical practices to merit member confidence and trust.
First City History and Profile
On September 28, 1937, as America struggled to recover from the Great Depression, a small group of Los Angeles County employees gathered in Room 116 of the downtown Roslyn Hotel on Broadway to make a difference in the lives of their co-workers. By the end of their meeting, they had formed Los Angeles County Employees #11 Federal Credit Union. A month later, at the first Board of Director’s meeting, 65 memberships were approved, and $149 in deposits were recorded.
Many notable changes have occurred over the years for “CU #11” including:
- Merged with The Claremont Colleges FCU in the late ’70s
- Merged with Public Services FCU in the ’80s – and took-on the Public Services name.
- Name was changed to 1st City Savings Federal Credit Union in 1985
- 2002, a California state charter was adopted and our name was shortened to First City Credit Union.
- 2010, The credit union merged with Focus One Credit Union.
Much has changed since the credit union’s founding. From CU #11 to First City, some things never change: like member ownership, volunteer leadership, and a commitment to the highest standards of ethics and quality service.
As a credit union, First City Credit Union is a co-operative not-for-profit financial institution, owned and operated by our members. We offer most of the consumer financial services offered by banks. Unlike banks, however, our earnings are returned to members in the form of superior loan and deposit rates, lower fees, and higher quality personalized service.