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P.O. Box 1271
Alexandria, LA 71309

Cenla Credit Union is headquartered in Alexandria and is the 26th largest credit union in the state of Louisiana. It is also the 1,476th largest credit union in the nation. It was established in 1963 and as of December of 2013, it had grown to 26 employees and 11,093 members. Cenla Credit Union's savings rates are 2X the national average, and it has a A health rating.

Field of Membership Restrictions

Must live, work, worship or attend school in Catahoula, Grant, LaSalle, Rapides or Winn Parish or be an employee of Vernon School or several other companies. - See Details

Reviews (1)

Better Than The Big Banks

I opened an account at Cenla FCU because I was deeply dissatisfied with the customer service at Capital One and Chase. I had a checking account at Capital One (formerly Hibernia). When I deposited a check that was more than my usual paycheck (though not a huge sum), they held the check *AND* froze the rest of the funds in my accoung for two weeks for no explainable reason. I called customer service and also spoke with the local branch to try to resolve the issue as I needed the funds for a car purchase. I was given different reasons for the hold on my account by each person I spoke with, and none of the reasons made sense.  I no longer think of banks as a safe place for my money. I closed the account and opened at Cenla FCU and have not had similar problems. If I do, I will go somewhere else.


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 Cenla Credit Union had $353,000 in non-current loans and owned real-estate with $12.37 million in equity and loan loss allowances on hand to cover it. This gives Cenla Credit Union a Texas Ratio of 2.85% 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 Cenla Credit Union experienced no significant changes from 1.63% as of December 31, 2012 to 2.85% as of December 31, 2013, resulting in a negative change of 74.65%. This indicates that the balance sheet and financial strength for Cenla Credit Union has had no significant changes in recent periods.

Deposit Growth


In the past year, Cenla Credit Union has decreased its total deposits by $-298,000, resulting in -0.34% 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 Cenla Credit Union has shown is average.



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. Cenla Credit Union has $101.17 million in assets with $12.37 million in equity, resulting in a capitalization level of 12.23%, which is excellent.

Institution Statistics

NCUA #15602
Year Chartered1963
Primary Regulator
Assets and Liabilities
Assets$101.17 million
Loans$51.32 million
Deposits$88.66 million
Equity Capital$12.22 million
Loan Loss Allowance$154,000
Unbacked Noncurrent Loans$353,000
Real Estate Owned$0
Historic Data - December 2012
Assets$100.78 million
Equity Capital$11.55 million
Loan Loss Allowance$262,000
Unbacked Noncurrent Loans$353,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin4.96%
Return on Assets0.58%
Return on Equity4.76%
Interest Income$3.22 million
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Cenla Credit Union Savings Account Rates

1.26%--IRA Share Account
0.25%--Regular Share
0.25%--Extra Share
0.25%--Club Share
0.25%--Joint Share
0.25%--Christmas Club
0.25%--Public Unit Share

Cenla Credit Union CD Rates

0.80%$1k-24 Month Share Certificate
0.65%$1k-12 Month Share Certificate
0.50%$1k-6 Month Share Certificate

Cenla Credit Union IRA Rates

1.26%$100-3 Year IRA
0.65%$100-1 Year IRA

Cenla Credit Union Locations
Branch Office105 Griffith StPineville, LA 71360
Branch Office6500 Coliseum BlvdAlexandria, LA 71303
Branch Office708 Jackson StAlexandria, LA 71301