About Us: Message from
After many years of service, we would like to thank our members who made the credit union into what it is today.
In a competitive and rapidly changing financial world, our members have stood by us and remained loyal to our cause.
With over 100 million dollars in assets and never posting a loss, the Credit Union has grown from its humble beginnings into a "private banking" institution.
Founded in 1970, the Credit Union has grown to over 3,000 members worldwide and over 70% of Lufthansa employees in the U.S. are members.
With this, I would like to convey the understanding of what makes our credit union unique in the financial world.
Since inception, we stand by the philosophy of “people helping people” or more specifically “colleagues helping fellow colleagues”.
It is through this belief that we were able to sustain a magnitude of volatile markets, legislation reforms, and fluctuations in the
airline industry. Our goal, which remains true to this day, is to promote the welfare of our members. As a non-for-profit organization,
we strive to out-perform our financial competitors through better returns on savings and lower rates on loans and credit cards.
It is this fundamental belief, enacted by our volunteer board of directors, that makes up the core of Lufthansa Employee Federal Credit Union.
With that said, we are looking forward to your continued support and more successful years to come!
About Us: Message from
In uncertain times, many investors are concerned
about the soundness of the financial institutions,
but some have yet to seek the safe haven of our
We have successfully avoided pitfalls by emphasizing
safety above yield. The old proverb, “there is
no free lunch” validates the narrow balance
between the rate of return and its associated risk.
The Credit Union can truly be proud that we never
had a financial loss and never plan to. Our books
are audited yearly by Federal examiners, who not
only check the accuracy of our books, but also
assess the future risk and exposure of our investments.
Their recommendations, blended with our
outlook, “bring out the best in us”.
Our forte is private discretionary banking. Many
members entrusted us with their core life savings
and we honored this trust with sound returns and
We believe we should continue this philosophy and
remain who we are, “Employees helping other
Employees”. Congress has recognized the unique
nature of Credit Unions in 1937, when it granted
them tax-exempt status. Credit Unions should
primarily service members and not create profit for
stockholders. In the past, our Credit Union has
kept this spirit and mission alive and hopefully will
continue to do so in the future.