ALEC Federal Credit Union is headquartered in Baton Rouge and is the 98th largest credit union in the state of Louisiana. It is also the 3,862nd largest credit union in the nation. It was established in 1968 and as of March of 2025, it had grown to 1 employees and 690 members at 1 location. ALEC Federal Credit Union has a C+ health rating.
Membership is open to employees of Association of Louisiana Electric Cooperatives, Inc., Claiborne Electric Cooperative, Inc., Beauregard Electric Cooperative, Inc., Concordia Electric Cooperative, Inc., Jefferson Davis Electric Cooperative, Inc., Dixie Electric Membership Corporation, Louisiana Generating, LLC , Pointe Coupee Electric Membership Corporation, Northeast Louisiana Power Cooperative, Inc., Southwest Louisiana Electric Membership Corporation, Valley Electric Membership Cooperative, South Louisiana Electric Cooperative Association, Washington-St. Tammany Electric Cooperative, Inc., BHA, Inc., Specialty Plastics, Inc., TESI.
See current membership details
Overall | |
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NCUA # | 19131 |
Year Chartered | 1968 |
Employees | 1 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 2.19% |
Return on Equity - YTD | 7.29% |
Annual Interest Income | $79K |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $6.4MM$6.7MM |
Loans | Q1 2025vs Q1 2024 | $1MM$1.3MM |
Deposits | Q1 2025vs Q1 2024 | $4.5MM$4.9MM |
Equity Capital | Q1 2025vs Q1 2024 | $1.9MM$1.9MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $90K$75K |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $12K$0 |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
Rates for ALEC Federal Credit Union are currently being reviewed.
ALEC Federal Credit Union Locations | ||
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Branch Office | 10725 Airline Hwy | Baton Rouge, LA 70816 |
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