CalCom Federal Credit Union was founded as Licomto Federal Credit Union on February 28, 1968 serving the employees and family members of Little Company of Mary Hospital in Torrance, CA. As with most Credit Unions, a dedicated employee, Ms. Doris Anthony, conducted the entire Credit Union operation. Her knowledge and service has always been a great model for all employees as the Credit Union grew. Other employees have since then contributed their own time to the Credit Union by volunteering to serve on the Board of Directors, Supervisory Committee, and Credit Committee. Our founding directors were James Lester, James Riedel, Frank Scalsi, Robert McLemore, Graham Hall, Morton S. Greenberge, and Joseph Armon.
In 2001, Licomto opened its field of membership to include health professionals within the South Bay and adopted the name South Bay Health Services Federal Credit Union to better describe this larger field of membership. South Bay Health Services continued to grow and entered into merger-partnerships with Copley Los Angeles FCU (April 2002), El Segundo Unified School District FCU (April 2005), the
South Gate City Employees' FCU (December 2005), CareConnections FCU (November 2009), and ITT-GC Aerospace Controls FCU (February 2010). The addition of so many “non-healthcare” Credit Unions into our field of membership led to the development of our current name, CalCom Federal Credit Union to represent all of the California communities that we serve.
CalCom has also been instrumental in pioneering collaboration amongst small “Shapiro” Credit Unions to help them reduce costs and increase efficiency. CalCom’s CEO was instrumental in developing a management concept for small Credit Unions called Shared Resource Solutions (SRS) where a single management team would operate several small Credit Unions while retaining their own identity, front-line employees and board of directors. In 2008, CalCom was one of the founders of the Southern California Credit Union Alliance (SCCUA) a non-profit group of Credit Unions founded on the concept of working together to reduce costs and increase efficiency for Credit Unions of all sizes.
CalCom Federal Credit Union is a not-for-profit financial institution. We are owned and operated by our members through a democratically elected Board of Directors. We are governed by the National Credit Union Administration (NCUA), a U.S. government agency. Staffed by full-time professionals, CalCom Federal Credit Union continues to offer an array of financial products and services. It has been a focused effort to bring the best technology, the most efficient operating methods, and competitive products and services all built around the foundation of a family to serve its ever-growing Credit Union membership.
CORE VALUES
Community
Accountable
Loyal
Collaborative
Open to New Ideas
Mindful
Fun
Caring
“U” You
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
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