CUSA Federal Credit Union
Overview / Commentary
CUSA Federal Credit Union is headquartered in Covington and is the 53rd largest credit union in the state of Louisiana. It is also the 2,791st largest credit union in the nation. It was established in 1955 and as of September of 2018, it had grown to 7 employees and 2,893 members at 2 locations. CUSA Federal Credit Union has a C+ health rating.
Field of Membership Restrictions
All Chevron contractors, employees, interns SEG employees and their immediate families are eligible for membership with CUSA Federal Credit Union.
See current membership details
Health
C+
Data as of Q3 2018
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. CUSA Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 10640 |
| Year Chartered | 1955 |
| Employees | 7 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.51% |
| Return on Equity - YTD | 4.25% |
| Annual Interest Income | $1.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $32.7MM$32.8MM |
| Loans | Q3 2018vs Q3 2017 | $27.1MM$25.9MM |
| Deposits | Q3 2018vs Q3 2017 | $28.8MM$28.8MM |
| Equity Capital | Q3 2018vs Q3 2017 | $3.9MM$3.9MM |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $113.00K$69.00K |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $599.00K$307.00K |
| Real Estate Owned | Q3 2018vs Q3 2017 | $0$0 |
Rates
Rates for CUSA Federal Credit Union are currently being reviewed.
Locations
| CUSA Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 100 Northpark Blvd | Covington, LA 70433 |
| Branch Office | 200 Beaullieu Dr Bldg 9A | Lafayette, LA 70508 |