LOS ANGELES — Because many firefighters have side businesses, Los Angeles Firemen's Credit Union felt the time was right to launch its own business services division.
The $750 million credit union will offer a full suite of products including business share accounts, checking accounts, share certificates, money market accounts, a debit card rewards program with limits of up to $5,000 on signature transactions, term loans, lines of credit, business vehicle loans, business platinum Visa cards, commercial real estate services, commercial vehicle buying services, financial planning services, and merchant card and payroll processing services.
"Many firefighters have the opportunity to have a side business due to their shift schedules, thus giving the credit union a great opportunity within this business unit," said Michael Mastro, president/CEO.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
