Department Of Corrections Credit Union


Overview / Commentary
225-342-6618
704 Mayflower St
Baton Rouge, LA 70802

Department Of Corrections Credit Union is headquartered in Baton Rouge and is the 30th largest credit union in the state of Louisiana. It is also the 1,799th largest credit union in the nation. It was established in 1957 and as of June of 2019, it had grown to 43 employees and 12,997 members at 9 locations. Department Of Corrections Credit Union has a B+ health rating.

Field of Membership Restrictions

Department of Corrections Credit Union of Louisiana is open to the current and retired employees of the Department of Corrections, the Office of Juvenile Justice, Allen Correctional Center, Winn Correctional Center, LaSalle Corrections, Louisiana Workforce, LLC. or the Rapids Parish Sheriffs Office. Membership eligibility also extends to include the family members of current credit union members.
See current membership details

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Health
B+
Additional 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. Department Of Corrections Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #62808
Year Chartered1957
Employees43
Primary Regulator
Profit Margin
Return on Assets - YTD1.2%
Return on Equity - YTD6.07%
Annual Interest Income$2.2MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$83.6MM$83.7MM
LoansQ2 2019vs Q2 2018$54.5MM$52.9MM
DepositsQ2 2019vs Q2 2018$66.5MM$67.7MM
Equity CapitalQ2 2019vs Q2 2018$16.6MM$15.5MM
Loan Loss AllowanceQ2 2019vs Q2 2018$578.00K$455.00K
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$410.00K$320.00K
Real Estate OwnedQ2 2019vs Q2 2018$0$0
Rates

Rates for Department Of Corrections Credit Union are currently being reviewed.

Locations


Department Of Corrections Credit Union Locations
Branch Office704 Mayflower StBaton Rouge, LA 70802-6423
Branch Office694 Bell Hill RdHomer, LA 71040-2150
Branch Office63648 Prison RdAngie, LA 70426
Branch Office1607 Prison RdCottonport, LA 71327
Branch Office14921 Highway 27 NorthDeQuincy, LA 70633
Branch Office18535 Tunica TraceAngola, LA 70712
Branch Office6925A Highway 74Saint Gabriel, LA 70776
Branch Office6303 Esler Field RdPineville, LA 71360
Branch Office5566 Highway 68Jackson, LA 70748

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