Credit union · NCUA insured
LBS Financial Carrot Score
A $2.2B credit union, the 241st largest of 4,329, headquartered in Westminster, CA, with 138,472 members and 7 branches in California.
LBS Financial Carrot Score
83
Carrot Score
Higher than 64% of U.S. banks and credit unions
- CDs89
- Savings81
- Auto loans80
- Credit cards77
Each bar is every U.S. bank and credit union, lowest score to highest. Choose a product to see its rates.
Where LBS Financial ranks
By Carrot score, in each area where it has branches
Scores run from 60 to 99; 90 and up means rates near the best in the country. Top Carrot marks a score of 87 or more, the top quarter of U.S. banks and credit unions. It’s about rates only, not safety, service or who can join.
By product
How each product scores
How its rates compare with every U.S. bank and credit union. Open a product to see them.
CDs
89top 14% nationally
| Term | Its rate | Beats | U.S. median | Top 25% atTop 25% | Top 10% at |
|---|---|---|---|---|---|
| 3-8 months | 4.00% | 86% | 3.50% | 3.82% | 4.05% |
| 9-15 months | 4.15% | 86% | 3.70% | 4.00% | 4.25% |
| 16-30 months | 3.85% | 75% | 3.35% | 3.85% | 4.20% |
| 31-60 months | 3.90% | 85% | 3.05% | 3.65% | 4.07% |
| Qualified | 4.15% | 76% | 3.85% | 4.15% | 4.35% |
Best rates 85.7 · all terms 81.1 → 83.9 → 89
Savings
81top 45% nationally
| Balance | Its rate | Beats | U.S. median | Top 25% atTop 25% | Top 10% at |
|---|---|---|---|---|---|
| $1,000 | 0.10% | 33% | 0.20% | 0.50% | 1.51% |
| $10,000 | 0.70% | 59% | 0.50% | 1.15% | 2.20% |
| $100,000 | 1.30% | 59% | 1.00% | 2.01% | 2.93% |
| Qualified | 0.70% | 53% | 0.60% | 1.31% | 2.43% |
Best rates 56.0 · all balances 52.6 → 54.6 → 81
Auto loans
80top 48% nationally
| Vehicle | Its rate | Beats | U.S. median | Top 25% atTop 25% | Top 10% at |
|---|---|---|---|---|---|
| New vehicle | 4.74%counts as 4.99% | 59% | 5.00% | 4.74% | 4.25% |
| Used vehicle | 5.49% | 45% | 5.39% | 4.99% | 4.49% |
Best rates 59.1 · all vehicles 52.1 → 56.3 → 80
Credit cards
77beats 43% nationally
| Card | Its rate | Beats | U.S. median | Top 25% atTop 25% | Top 10% at |
|---|---|---|---|---|---|
| Purchase APR | 11.15% | 43% | 10.90% | 9.90% | 8.90% |
Best rates 42.9 · all rates 42.9 → 42.9 → 77
Where the score could improve
- Auto loans, Used vehicle4.99%5.49% today, lower than 45% of U.S. institutions. 4.99% would reach the top quarter; 4.49% the top 10%.
- Auto loans, New vehicle4.74%4.74% today, lower than 59% of U.S. institutions. 4.74% would reach the top quarter; 4.25% the top 10%.
- CDs, 16-30 months3.85%3.85% today, higher than 75% of U.S. institutions. 3.85% would reach the top quarter; 4.20% the top 10%.
Scores update as rates change. Institutions can correct a rate we show; payment never changes a score.
Method
How the score works
- Each product gets a standingWe compare its CD, savings, auto loan and credit card rates with every bank and credit union in the U.S. and give each product a standing out of 100. Its best rates count the most. For loans and cards, lower rates rank higher.
- Its two best products set the scoreWe average its two strongest products. Each extra product it publishes adds 1.5 points, so sharing more rates can only help.
- Its rank puts it on the 60–99 scaleWe rank that number against every scored bank and credit union in the country to get a score from 60 to 99. The top quarter earn Top Carrot.
How LBS Financial got its score
Its products stand at 83.9 for CDs, 56.3 for auto loans, 54.6 for savings and 42.9 for credit cards, out of 100. Its best two, CDs and auto loans, average 70.1. Publishing four products adds 3.0, for 73.1. That puts it in the top 36% nationally: a Carrot Score of 83.
The fine print: inside each product, its best rates make up 60% of its standing and all its rates the rest. Its best rates are its two best CD terms, its $10,000 and Qualified savings or money market rates, the better of its new and used auto loan rates, and its credit card purchase rate. The Qualified rate is the best $10,000 rate you can get by opening another account or meeting monthly requirements (or the standard rate, if that’s higher). Rates that need monthly activity get half credit for the extra they pay, and rates that need a combined balance count only from that balance. We subtract monthly fees and count an intro rate at what it earns over a full year. Accounts for kids, students, seniors, businesses, IRAs and health savings aren’t scored.