Business Details
50+ Years
experience
Your Trusted Partner for Financial Services in Los Alamos, NM
Founded in 1955, Los Alamos Schools Credit Union has been dedicated to providing high-quality, low-cost financial services to the educational community of Los Alamos County, New Mexico. As a member-owned cooperative, we prioritize our values of caring, reliability, ethics, loyalty, and trustworthiness, offering competitive rates and lower fees compared to for-profit institutions. Our board of directors, elected by members, ensures policies align with community needs while maintaining a focus on financial security and local impact. With over $21 million in assets and nearly 1,800 members, we combine personalized service with modern solutions like mobile bill pay and remote deposit capture.Our commitment extends beyond finance through initiatives like the Co-Op Park, reflecting our dedication to fostering community growth and education. Our team of experienced professionals, including CEO Matthew Schmidt and loan officers, delivers tailored financial products such as mortgages, auto loans, personal loans, and education financing. We emphasize transparency, member empowerment, and local decision-making, ensuring every service aligns with our mission of empowering members to achieve financial security. Our history of community involvement, including partnerships with schools and local projects, underscores our role as a trusted financial partner for generations.
Services
Mortgage Loans
Auto Loans
Personal Loans
Education Loans
RV Financing
Savings Secured Loans
Line of Credit Loans
Credit Cards
Mobile Banking
Community Projects
Details
- Year established: 1955
Highlights and features
- We offer competitive interest rates and terms on mortgage, auto, and personal loans.
- Our local team provides quick, personalized decisions without automated phone systems.
- Three unsecured loan options tailored to home improvement, education, and emergency needs.
- Education loans tied to government prime rates reduce borrowing costs for students.
- Active community involvement through projects like Co-Op Park and school partnerships.
What people say
Competitive loan rates
Quick local decisions
Community involvement
Personalized service
Low fees
Services
Mortgage Loans
We offer first and second mortgages with fixed rates up to 30 years, low closing costs, and fast approvals. Our local team simplifies home purchases or refinancing, helping members build equity. Flexible terms and competitive rates make homeownership accessible while supporting debt consolidation or home improvement projects.
Auto Loans
Finance new, used, or classic vehicles with up to 100% coverage of purchase agreements. Terms up to 75 months and fixed rates ensure predictable payments. We assist with dealer purchases, private-party transactions, and refinancing while offering optional insurance protections like GAP coverage and mechanical repair plans.
Education Loans
Our education lines of credit feature rates tied to the government prime rate, with limits up to $20,000. Members access funds as needed for tuition or school expenses, repaying over five years. Proof of enrollment or receipts ensures funds support educational goals at competitive, transparent rates.
Personal Loans
Choose from signature loans, savings-secured loans, or lines of credit for expenses like medical bills, vacations, or home repairs. No credit check is required for savings-secured options, while lines of credit offer flexible borrowing without reapplying, ensuring quick access to cash when needed.
RV Financing
We finance RVs, ATVs, motorcycles, boats, and farm equipment up to 10 years old based on NADA retail value. Competitive rates and terms tailored to your needs make recreational purchases affordable. Our team simplifies the process for new or used units, ensuring hassle-free financing.
People
Matthew Schmidt
CEO/President
Matthew leads strategic initiatives and operations, ensuring alignment with our member-first mission. With decades of financial leadership, he drives innovation in loan programs and community engagement while maintaining fiscal stability.
Josh Stringer
Chief Operations Officer
Josh oversees daily operations and technological advancements, including mobile banking solutions. His focus on efficiency and member experience ensures seamless service delivery across all credit union functions.
Blanca Quezada
Loan Officer
Blanca specializes in personalized loan solutions, guiding members through mortgage, auto, and personal financing options. Her expertise ensures tailored advice and competitive terms for every borrower.
Diane Smith
Executive Specialist
Diane supports executive leadership with policy implementation and member relations. Her organizational skills ensure smooth coordination between departments and adherence to strategic goals.
Denise Gutierrez
Head MSR/Loan Officer
Denise manages member service representatives and loan processing, prioritizing accuracy and timely approvals. Her team ensures a welcoming experience for all members seeking financial solutions.
Questions
What loan options are available for first-time homebuyers?
We offer 30-year fixed-rate mortgages with low closing costs and fast approvals. Our local team provides personalized guidance to simplify the homebuying process.
Can I finance a used vehicle through LASCU?
Yes, we finance used vehicles up to 100% of NADA retail value with fixed rates and terms up to 75 months.
How do education loans work?
Our education line of credit offers up to $20,000 at rates tied to the government prime rate, repayable over five years with proof of enrollment.
What community initiatives does LASCU support?
We fund projects like Co-Op Park and partner with local schools. Our Giving Gold Card donates $0.25 per purchase to the Los Alamos Public Schools Foundation.
Are there unsecured personal loan options?
Yes, choose from signature loans, savings-secured loans, or lines of credit for expenses like medical bills or home repairs.
How can I access mobile banking features?
Download the LASCU app for bill pay, remote deposit capture, and account management. Contact us for setup assistance.
