Polam Federal Credit Union

  • +1

A short history of Polam FCU

Since its inception in 1969 the Polam Federal Credit Union has been serving its members in the LOS ANGELES, California area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by CHRISTOPHER HILLER, the Polam FCU has grown its membership to over 2,067 with assets of more than $58,473,974. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (323) 463-5137 or email them at POLAM@POLAM.ORG to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in LOS ANGELES, CA.

General Information For Polam FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 19739
State California 
Zip-Code 90004
Phone Number (323) 463-5137
Fax Number (323) 460-4518
Email Address: POLAM@POLAM.ORG
Members 2,067 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 58,473,974 
Website http://WWW.POLAM.ORG 

Compare Polam Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Hanin CU Main Branch 3700 Wilshire Blvd Ste 104 90010 (213) 368-9000 No 1.02
Farmers Insurance Group CU Farmers Insurance Group Federal Credit Union 3003 77th Ave SE 98040 (800) 877-2345 No 1.45
Western States Regional CU Western States Regional Joint Board 920 S Alvarado St 90006 (213) 385-0271 No 2.44
Episcopal Community CU main office 840 Echo Park Ave 90026 (213) 482-2040 No 2.97
L.a. Healthcare CU CALIFORNIA BRANCH 1423 S Grand Ave Ste 200 90015 (213) 748-4788 No 3.08

Polam Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Polam Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 9.98 2.65 3.65 3.50 3.99
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 252 103 164 72 99
Rank Among All California Credit Unions 50 39 74 22 23

Polam Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.30 0.20 1.00 1.25
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 88 114 174 125
Rank Among All California Credit Unions N/A 20 34 39 18
Polam Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.980440342,417
All Other Unsecured Loans/Lines of Credit 9.9502863,086
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.65023384,465
Used Vehicle Loans 3.65051415,723
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.5008326,607,321
Total Other Real Estate Loans/Lines of Credit 3.990302,890,705
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.950538,930
TOTAL LOANS & LEASES 66030,742,647

Polam Federal Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 0000
    b. 15 Years or less 0000
    a. > 15 years 0000
    b. 15 Years or less 8326,607,3212748,000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 302,890,70533220,897
Open-End Fixed Rate 0000
TOTALS 11329,498,02635968,897


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Polam Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay No
Overdraft Lines of Credit No
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing No
Money Orders No
No Surcharge ATMs No
Home Banking Via Internet Website Yes