It began as a simple "self-help" organization that could protect the paychecks of many L.A. County employees from the unscrupulous lenders who inhabited the streets around the Civic Center. In 1944, the "Los Angeles County Court Employees Federal Credit Union" merged with the "Los Angeles County Hall of Records Federal Credit Union" to create a new, greatly strengthened organization known as "Courts and Records Federal Credit Union." By 1955, we attained our first million dollars in assets. The $5 million milestone was surpassed in 1964... the $15 million mark in 1970… the $100 million mark in 1987 and the $200 million mark in 1999. On January 1, 2003, our name was changed to LA Financial Federal Credit Union. This name better reflects our diverse and growing membership and our expanding services. In 2008, LA Financial surpassed $300 million in assets.