USC Credit Union

A Neighbor You Can Bank On

USC Credit Union is a community development financial institution (CDFI), federally insured by the National Credit Union Association (NCUA), an Equal Housing Lender,  the largest Los Angeles-based Minority Depository Institution (MDI) credit union, and the only credit union designated as a Juntos Avanzamos institution headquartered in Los Angeles. USC Credit Union serves a field of membership open to anyone living, working, worshipping, or attending class in South Los Angeles. As a credit union and not a bank, every member is an owner – there are no stockholders. We provide member-owners higher rates on savings and lower rates on loans. We believe it is our responsibility to promote equitable financial well-being for all and are committed to uplifting our communities through meaningful financial literacy education; encouragement of savings and financial management; building of credit, and promotion of debt management; providing low-interest rate transportation finance options; and addressing housing and increasing homeownership.

For nearly 50 years, USC Credit Union, a not-for-profit financial cooperative has sought to provide exceptional value and service to each member through a diverse portfolio of deposits and lending products.  We now proudly extend our services and products to the university’s surrounding community of South Los Angeles.

USC Credit Union offers a full suite of banking services to narrow the wealth divide and financially elevate individuals and families. We have a diverse and bilingual staff in our branches and call centers. We offer Spanish versions of our online and mobile banking and our website to better serve our community. There has never been a more substantial need for the active engagement of nonprofit CDFIs, like USC Credit Union and its fellow members of the South Los Angeles CDFI collaborative, to financially empower South Los Angeles residents.

Personal Financial Services

Our suite of lending products and other financial services, including a series of community-focused products described below, addresses a range of critical needs we have identified in the South Los Angeles Community.

USC Credit Union offers:


Membership access with a trusted Southern California institution where we return our profits to you, our member-owners. USC Credit Union serves a field of membership open to anyone living, working, worshipping, or attending class in South Los Angeles and is federally insured by the NCUA. We accept the Mexico Consular ID/Matricula (in-person only) and California AB 60 License as forms of identification to apply for membership.

Personal Loans

Personal Loans are a lower-rate alternative out of the predatory debt cycle and are the solution you’ve been looking for. A USC Credit Union Personal Loan features competitive rates for members with good credit and those that need to rebuild their credit.  Now more than ever, many in our community are underbanked and heavily reliant on predatory lending. This leaves many financially vulnerable consumers trapped in cyclical debt with limited opportunities to build financial stability. USC Credit Union. 

Checking and Savings Accounts

Checking and Savings accounts, federally insured by the NCUA that fit your life. We offer a no-fee checking account*, including no minimum balance requirement, no direct deposit requirement, unlimited check writing, and a free debit card. * Those who have experienced trouble opening a checking account due to prior delinquent checking history may be eligible for a checkless/e-checking SECOND CHANCE** checking account. A savings account*** is the basic account required for membership at USC Credit Union, and it opens the door to a wealth of value-added products and services. You’re free to make deposits and withdrawals anytime and access your account through thousands of ATMs and national shared branches, Online Banking, mobile branch, or by phone.  With easy access to funds, USC Credit Union has you covered with over 30,000 fee-free ATMs, free e-statements, free online banking and 5,000 shared branch locations. Sign up today!

Auto Loans

Auto Loans from your nonprofit Credit Union with low-interest finance options. USC Credit Union offers vehicle loans to help fund the purchase of a new or used vehicle. We can also refinance your auto loan from another lender to help reduce your interest rate or monthly payment (or even both!) Because our members are owners, we pass along our profits to you through better rates. And we never charge an application fee for our car loans.

Home Loans

Home Loans to make homeownership a reality in our community. Whether you are looking to purchase your first home, your next home, or refinancing your current home, home loans can be confusing and difficult to navigate. There is so much to consider; down payments, fees, inspections, points, appraisals, insurance requirements, and more. Our dedicated team of home lending professionals is here to help you every step of the way to make the process as easy as possible, providing free prequalification, personal assistance, and term and variable options.

Financial Literacy

Financial Literacy provides you with tools to manage your money with confidence. USC Credit Union is committed to making financial well-being available to all members of the community.  Bilingual financial literacy materials are available at USC Credit Union is committed to making financial well-being available to all members of the community. Courses cover various topics that address every life stage of our members’ experience, from establishing credit to buying your first home.

Multicultural Staff

Multicultural Staff appealing to the rich diversity of our community. We have a diverse and bilingual member experience team.

Bilingual Account Access 24/7

We empower our members to own their future with easy, online access to funds and accounts. Manage your money when it is convenient for you through our 30,000 ATMs or online —anytime, anywhere! We offer Spanish-language versions of our online and mobile banking and our website. We also offer a Spanish version of our membership application. You can take care of business at any of our 5,000 shared branch locations during regular business hours.

Allied Financial Fund - Financial Assistance Program

In response to the COVID-19 pandemic, our foundation partnered with other organizations, including USC Civic Engagement, Citibank, and Ally Bank, to create the “Allied Impact Fund.” The Allied Impact Fund is a financial assistance program focused on providing economic support to individuals, families, and business owners affected by COVID-19 and not served by the current paradigm. The Fund offers microgrants to local grassroots organizations focused on these objectives in South Los Angeles and East Los Angeles. Our current Allied Impact Fund recipients include The RightWay  Foundation, Proyecto Pastoral, T.R.U.S.T South LA, and CARECEN.

*For our no-fee Cardinal Checking account, a deposit of $25.00 is required at opening.

**Second Chance Checking Account privileges and restrictions: monthly checking account fee $10.00 per month, minimum deposit to open account $25.00, daily withdrawals limited to $510. No ATM deposits, no share branch deposits, no ITM access allowed. To upgrade to a no-fee checking account, Second-Chance Checking members must maintain account in good standing with six (6) or less non-sufficient funds transactions for 12 consecutive months.

 ***For our no-fee regular savings account, member must meet one of the following requirements: $100 combined average balance in all deposit accounts; have an outstanding USC Credit Union loan balance; deposit $25 or more during the month, or be under age 25. $3 monthly surcharge for regular savings accounts if minimum requirement Is not met.

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