Barksdale Federal Credit Union is headquartered in Bossier City and is the largest credit union in the state of Louisiana. It is also the 213th largest credit union in the nation. It was established in 1954 and as of March of 2025, it had grown to 485 employees and 158,283 members at 31 locations. Barksdale Federal Credit Union's savings rates are 8X the national average, and it has a B health rating.
Field of Membership Restrictions
Membership in Barksdale Federal Credit Union is open to those who live, work, worship, attend school, or own a business in the Louisiana parishes of Allen, Bossier, Caddo, Grant, Rapides, or Webster. Membership is also open to active military at Barksdale Air Force Base or Fort Polk Army Post, honorably discharged or retired veterans who served in any of the Armed Services of the United States, an employee (full or part-time) at one of more than 1,000 Select Employee Groups, or a member of the immediate family of someone who is a current member or eligible for membership.
See current membership details
Confirm Destination Of CD Interest
Just noticed the interest from my recently opened Barksdale CD is going to my savings account vs accruing in the CD (and compounding at the CD's higher rate). Bothersome when banks do this sneaky maneuver. Will be calling to correct.
So far so good otherwise.
CD Maturity Instructions Are Tedious
Received notice of maturity from BFCU indicating my CD would roll at maturity. There is no way on the website to change this action, so I called to request the funds go to my savings at maturity. (My call was answered reasonably timely.) The rep informed me that I cannot request this change until the actual maturity date (or within the grace period) and that I will need to call back and speak with a rep at that time in order todo this. This is the first financial institution I have dealt with that could not accept maturity instructions within a month of the maturity date.
Worst Credit Union
It was a good credit union until it changed to Barksdale Federal. I had 2 personal loans and an auto loan all of which I paid off with no issues. Now since it is no longer Longview Consolidated, I'm not able to get any kind of loan with them. Their criteria is astronomical compared to other auto loan sources. I do not recommend using them for any kind of loan at this point. Do not waste your time.
Bad Service; Difficult To Get Your Money Out
Terrible service. Terrible policies which make it difficult to access your accounts, transfer, or withdraw money. They froze my online access because I used an old (expired) ABA number for a bank when setting up an ACH connection, and threatened to keep it frozen for 6 months(!!!) for this 'fraudulent' use. Limits on ACH transfers, high wire fees, and constant delays and hoops to jump through make it difficult to get your money out when you need it.
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 9589 |
| Year Chartered | 1954 |
| Employees | 485 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.03% |
| Return on Equity - YTD | -0.37% |
| Annual Interest Income | $26.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $2.36B$2.46B |
| Loans | Q1 2025vs Q1 2024 | $1.37B$1.38B |
| Deposits | Q1 2025vs Q1 2024 | $2.14B$2.08B |
| Equity Capital | Q1 2025vs Q1 2024 | $175.4MM$152.6MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $18.2MM$12MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $21.8MM$17.8MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $352K$60K |
