Long Beach, CA – December 22, 2025 – LBS Financial Credit Union is pleased to announce the appointment of Stefan Parker as vice president of loan administration. Stefan brings 27 years of experience in consumer lending, collections, and branch operations, along with a strong record of leadership at several California credit unions.
“We’re excited to welcome Stefan to the team,” said Tom Orman, Senior Vice President/Chief Lending Officer. “His deep expertise and proven leadership will strengthen our lending programs and help us continue providing exceptional service to our members.”
A long-time Long Beach resident, Stefan is also a passionate advocate for member service and has built strong connections throughout the community. He looks forward to contributing to the Credit Union’s ongoing growth and commitment to serving local individuals and families.
About LBS Financial Credit Union
LBS Financial, founded in 1935 as the Long Beach School District Employees Federal Credit Union, is a member-owned cooperative providing savings, checking, money market accounts, share certificates, IRA, insurance and investment services. LBS Financial also offers credit cards, personal, vehicle, boat and home loans. Their field of membership encompasses fifty cities surrounding the greater Long Beach area, as well as Riverside, San Bernardino, Orange and San Diego Counties. They serve over 140,000 members with seven branch office locations, convenient electronic access (ATMs, online banking and mobile banking) and are part of the CO-OP ATM and Shared Branching Networks. LBS Financial Credit Union has over $2.1 billion in total assets.
