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P.O. Box 443
La Crosse, WI 54602

Altra Federal Credit Union is headquartered in LA CROSSE and is the 8th largest credit union in the state of Wisconsin. It is also the 218st largest credit union in the nation. It was established in 1934 and as of December of 2013, it had grown to 252 employees and 77,895 members. Altra Federal Credit Union has a A health rating.

Field of Membership Restrictions

You qualify if you live, work, worship, or attend school in one of the select designated areas or communities. Or, if someone in your immediate family or household does, you qualify. - See Details

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Reviews (3)

Correction To Review Re: Posting Order


The previous review is not correct. Altra posts credit before debits. All ACH credits are posted first, then debits. Checks that come in for a particular day are cleared in numeric order at the end of that business day. We do everything possible to give the member most advantageous posting order.

The only exception is Debit card PIN purchases or ATM withdrawals are posted as they occur and a check cashed at one of our branches will clear immediately.

If the member would like to discuss, please stop in or call our Member Service center. We'd be happy to discuss further.

P.S. The comment system would not let me reply to the previous review or post this without a star rating - I am not trying to skew the ratings!

Warning Posting Process!!!!

This institution processess ACH and Bill Pay BEFORE deposits on the same business day. Buyer beware.

Best Bank!!!

They really care about you as a person! I tell everyone to go to Altra, many friends and family have switched and everyone LOVES IT!!! A+ on everything.


Data for Q4 2013

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Altra Federal Credit Union had $8.72 million in non-current loans and owned real-estate with $113.74 million in equity and loan loss allowances on hand to cover it. This gives Altra Federal Credit Union a Texas Ratio of 7.67% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Altra Federal Credit Union decreased slightly from 8.90% as of December 31, 2012 to 7.67% as of December 31, 2013, resulting in a positive change of 13.83%.This indicates that the balance sheet and financial strength for Altra Federal Credit Union has improved slightly in recent periods.

Deposit Growth


In the past year, Altra Federal Credit Union has increased its total deposits by $39.14 million, resulting in 4.98% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Altra Federal Credit Union has shown is excellent.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Altra Federal Credit Union has $967.1 million in assets with $113.74 million in equity, resulting in a capitalization level of 11.76%, which is excellent.

Institution Statistics

NCUA #24077
Year Chartered1934
Primary Regulator
Assets and Liabilities
Assets$967.10 million
Loans$776.22 million
Deposits$824.31 million
Equity Capital$105.24 million
Loan Loss Allowance$8.50 million
Unbacked Noncurrent Loans$6.70 million
Real Estate Owned$2.02 million
Historic Data - December 2012
Assets$900.76 million
Equity Capital$93.57 million
Loan Loss Allowance$8.85 million
Unbacked Noncurrent Loans$6.70 million
Real Estate Owned$2.49 million
Profit Margin - Quarterly
Net Interest Margin3.63%
Return on Assets1.37%
Return on Equity12.61%
Interest Income$35.33 million

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Altra Federal Credit Union has 18 locations. Click to view all Altra Federal Credit Union locations.