Eagle Louisiana Credit Union

Eagle Louisiana Credit Union is headquartered in Baton Rouge and is the 27^th largest credit union in the state of Louisiana. It is also the 1,508^th largest credit union in the nation. It was established in 1942 and as of December of 2011, it had grown to 57 employees and 13,326 members. Eagle Louisiana Credit Union's savings rates are 54% higher than the national average, and it boasts a 5-star health rating.

Eagle Louisiana Credit Union Checking Account Rates

Eagle Louisiana Credit Union Savings Account Rates

Eagle Louisiana Credit Union CD Rates

Eagle Louisiana Credit Union IRA Rates

Data for Q4 2011

Institution Statistics EAGLE LOUISIANA NCUA # 24661 BankRate Report View Year Chartered 1942 Employees 57 Primary Regulator Assets and Liabilities Assets $92.07 million Loans $70.92 million Deposits $80.24 million Equity Capital $11.81 million Loan Loss Allowance $726,000 Unbacked Noncurrent Loans $651,000 Historic Data - December 2010 Assets $89.74 million Equity Capital $11.63 million Loan Loss Allowance $812,000 Unbacked Noncurrent Loans $1.14 million Real Estate Owned $85,000 Profit Margin - Quarterly Net Interest Margin 5.52% Return on Assets 0.23% Return on Equity 1.76% Interest Income $4.65 million Non-Interest Income $1.82 million

Institution Health Overall Score: 5 out of 5 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, 2011 Eagle Louisiana Credit Union had $651,000 in non-current loans and owned real-estate with $12.53 million in equity and loan loss allowances on hand to cover it. This gives Eagle Louisiana Credit Union a Texas Ratio of 5.19% 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 Eagle Louisiana Credit Union decreased significantly from 9.82% as of December 31, 2010 to 5.19% as of December 31, 2011, resulting in a positive change of 47.11%.This indicates that the balance sheet and financial strength for Eagle Louisiana Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Eagle Louisiana Credit Union has increased its total deposits by $2.37 million, resulting in 3.04% 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 Eagle Louisiana Credit Union has shown is above average. Capitalization 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. Eagle Louisiana Credit Union has $92.07 million in assets with $12.53 million in equity, resulting in a capitalization level of 13.61%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.