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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Public & Societal Benefit Lbs Financial Credit Union

Lbs Financial Credit Union

Fiscal year ending 2023. Filed on November 15, 2024.

5505 Garden Grove Blvd
Ste 332
Westminster, California 92683

Lbs Financial Credit Union (EIN: 95-1644568) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Lbs Financial Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 12 out of 312 total employees. Among the employees shown here, the average compensation is $341,469. The highest compensated employee at Lbs Financial Credit Union is Jeffrey Allen Napper Former with fiscal year 2023 compensation of $965,594.

Revenue, expenses, and employee compensation

Revenue

$79,427,970

Expenses

$65,021,225

Employee compensation

$22,929,401
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jeffrey Allen Napper Former
President and Chief Executive Officer
$965,594
$953,228 No related comp$12,366
Sean Hardeman
President and Chief Executive Officer
$576,485
$548,025 No related comp$28,460
Susan Wight
Senior Vice President and Chief Financial Officer
$366,953
$355,066 No related comp$11,887
Kevin Reed
S.V.P./Information Systems
$355,373
$326,913 No related comp$28,460
Heather Summers
Senior Vice President, Marketing
$304,186
$294,562 No related comp$9,624
Jeffrey William Niedenthal
S.V.P/Member Services
$290,150
$272,895 No related comp$17,255
Jill Marie Deniro
Senior Vice President, Human Resources
$265,457
$247,432 No related comp$18,025
Alfred Parent
V.P./Collections
$238,190
$220,935 No related comp$17,255
Zung-Shang Liang
V.P./Internal Audit
$197,638
$188,151 No related comp$9,487
Christine Wu-Lin Bass
Vice President, Branch Operations
$191,048
$165,172 No related comp$25,876
Sargeant Alva
V.P./Residential Lending
$175,567
$150,921 No related comp$24,646
Courtney Higuchi
V.P./Loan Administration
$170,990
$153,735 No related comp$17,255

Benchmark Employee Compensation

Non-Employee Board Members

Alan Ray
Supervisory Committee Member
David Conrad
Supervisory Committee Chair
Jay Camerino
Vice Chair
Jill Baker
Board Chair
John Fylpaa
Secretary and Treasurer
Larry Natividad
Board Member
Luther Williams
Board Member
Mark Aldrich
Supervisory Committee Member
Pamela Seki
Board Member
Satinder Hawkins
Board Member

Contractors

Prenovost Normandin Bergh & Dawe
Legal
$503,000

Mission Statement

LBS FINANCIAL CREDIT UNION IS A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS, CREATING A SOURCE OF CREDIT FOR THEM AT RATES OF INTEREST SET BY THE BOARD OF DIRECTORS, AND PROVIDING AN OPPORTUNITY FOR THEM TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. AS A COOPERATIVE, LBS FINANCIAL CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICES OF THE CREDIT BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS.

Revisions to this organization profile

November 15, 2025:
2024 Lbs Financial Credit Union 990 filed
November 15, 2024:
2023 Lbs Financial Credit Union 990 filed
November 8, 2023:
2022 Lbs Financial Credit Union 990 filed

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