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For immediate release 

LOCKHEED FEDERAL CREDIT UNION IS COMMITTED TO ITS EMPLOYEES - Leading Local Not-for-Profit Financial Institution Seeking Applicants

Burbank, CA (August 25, 2006) - Lockheed Federal Credit Union (LFCU), recently voted "best financial institution" by readers of the Santa Clarita Magazine, is looking for applicants to fill various positions at its local branches and corporate office.

"LFCU is at an exciting stage as we continue to grow. We are looking for talented people to join our team to serve the needs of our members," said Dave Styler, president and CEO. "We have multiple positions available and are looking for industry veterans as well as people with little or no financial background to bring their unique talents to LFCU."

For nearly 70 years, LFCU has offered competitive rates and high quality financial products in an ever-changing economy. LFCU's more than 350 employees have enjoyed a positive and stable work environment, access to excellent benefits and the opportunity to gain valuable work experience at an industry leader.

LFCU offers a stellar benefits package for all employees working 20 hours or more per week. Benefits include full medical, dental and vision on the first day of hire - something that is almost unheard of in the industry! Employees also enjoy company paid life insurance, a 401(k) plan with a generous match, medical & dependent care spending, tuition assistance and more.

Additionally, LFCU offers a Paid Time Off program that combines sick and vacation days into one bank. There is no cap on the accruals, which translate into more vacation time for employees who take fewer sick days. Accruals begin for full-timers at 15 days per year.

LFCU believes in rewarding all employees at all levels for superior performance. As such, each and every employee has the opportunity to earn an annual bonus. Additionally, employees are also rewarded for great service through employer-sponsored lunches, vacations, retreats and giveaways.

"Our people are our greatest asset," says Deb Matalon, VP human resources. "You can feel the genuine warmth and friendliness the moment you walk through our doors!"

LFCU is an Equal Opportunity Employer. For a full list of position openings go to www.lockheedfcu.org. Resumes can also be e-mailed to jobs@lockheedfcu.org.

ABOUT LOCKHEED FEDERAL CREDIT UNION
Lockheed Federal Credit Union (LFCU) is a member-owned cooperative established in 1937. Headquartered in Burbank, Calif, LFCU currently operates branches in Southern California serving residents of the San Fernando, San Gabriel, Ventura, Santa Clarita, Conejo and Antelope Valleys. As one of the strongest credit unions in the nation, LFCU leads the industry in financial performance in 2005. Recently, IDC Financial Publishing awarded LFCU with a perfect score of 300 for financial strength, based on criteria including capital adequacy, asset quality, margins, earning returns and leverage/liquidity. Membership in LFCU is open to employees of sponsor companies and residents of Southern California and New Hampshire.


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