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BANK SAFETY RATINGS

Here's how LFCU stacks up in ratings of financial soundness, as compared to banks with large deposit bases. Financial soundness ratings by Bankrate.com and Bauer Financial. Both firms use a 5-star scale, more stars is better.




Financial Institution¹ Deposits in
California
²
(billions)
Bankrate.com Bauer Financial
LFCU $2.3
Bank of America 153.5 ½
Bank of the West 22.3 ½
Citibank 41.7
Downey Savings & Loan 11.0 0
First Federal Bank of California 4.9
IndyMac 12.1 RCLVD
Union Bank of California 40.3
U.S. Bank 10.4 ½
Wachovia Bank 43.0
Washington Mutual 75.7
Wells Fargo Bank 107.6
¹ In cases of multiple operating units with similar names, the ratings shown are of the unit with the most deposits.
² Deposits are as of June 30, 2007. $2.3 billion represents LFCU's total deposits as of August 31, 2008.

Sources: FDIC, Bankrate.com, BauerFinancial.com, the banks. Chart statistics originally compiled by the Los Angeles Times. Ratings current as of September 22, 2008.

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