The Southland Credit Union’s branch at Second & Spring Streets in downtown Los Angeles will be closing on Friday, March 31, 2017. This location was the last home of the Los Angeles Times Federal Credit Union (later Cityside Credit Union) until it was acquired by Southland in 2009. After the acquisition, credit union employees under manager Alex Kort continued to provide excellent customer service to employees, retirees, and their families.
The original Los Angeles Times Federal Credit Union was founded in 1935, about a year before Pfaffinger Foundation. For years, Pfaffinger guaranteed the credit union’s loans to needy employees who would not otherwise qualify. We want to take note of this long history, and to thank the credit union’s employees for their faithful service.