I remember the days when The Los Angeles Times Federal Credit Union was strictly for the employees, ran by employees. Always knew that when I needed some extra money for a vacation, a new car, etc. the Credit Union would be there for me, even if my credit rating was not perfect, I knew that my Credit Union was there for me. Then, in the good name of adjusting to new changes and growing as an institution. I guess bigger and better it is not always good for us. In the process of becoming bigger and better, it turned out to be just like any other bank. Thank you for the memories, soon to be, CitySide Federal Credit Union. Another legacy of The Tribune Co.
Save Our Trade: LATFCU Not for long...
Tuesday, July 03, 2007
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thanks to the Tribune, the Credit Union had no choice. They were kicked out of the Times 2 years ago, no longer employees and all benefits were no longer available to the Credit Union employees. In fact, they can't even get in to the Times building so how can they grow? Had they stayed closed only to employees, they would last another couple years and then die. Look at the numbers at the Times and how do you expect the Credit Union to grow. Only way is to open up to the community. By growing, they still offer the same great service and rates to the members. If they don't grow, they die and can't continue to offer you great rates and services. They will still be much better than any bank and will continue to offer super service. Support your credit union because it's you, the members that own it.
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