Centric Federal Credit Union is headquartered in West Monroe and is the 16th largest credit union in the state of Louisiana. It is also the 1,028th largest credit union in the nation. It was established in 1937 and as of June of 2020, it had grown to 80 employees and 26,881 members at 6 locations. Centric Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership in Centric Federal Credit Union is open to those who live, work, worship, or attend school in the Louisiana parishes of Ouachita or Lincoln, or any businesses and other legal entities located in Ouachita or Lincoln Parishes.
See current membership details
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Horrible Customer Service
My first visit to the West Monroe location was great and everyone was nice.. Since then I feel like the Ruston branch cares more about thier cellphones and today I saw it at the West Monroe location. How can you have customers walk up and not greet them? When you have a customer in the drive thru make sure you find out how they are or if there's anything else you can do. Don't just send the receipt down and say "thank you, have a good day". I even pressed the button to talk and no one said anything. I'm about to close my account and go back to a bank that cares. ..
Data as of Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 1982 |
| Year Chartered | 1937 |
| Employees | 80 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.06% |
| Return on Equity - YTD | 11.86% |
| Annual Interest Income | $5.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $240.7MM$196.6MM |
| Loans | Q2 2020vs Q2 2019 | $171.0MM$152.1MM |
| Deposits | Q2 2020vs Q2 2019 | $211.9MM$170.4MM |
| Equity Capital | Q2 2020vs Q2 2019 | $20.5MM$18.0MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $2.8MM$1.7MM |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $2.6MM$1.4MM |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |