District 08 Federal Credit Union is headquartered in Alexandria and is the 111th largest credit union in the state of Louisiana. It is also the 4,303rd largest credit union in the nation. It was established in 1961 and as of September of 2019, it had grown to 3 employees and 1,536 members at 1 location. District 08 Federal Credit Union has a C+ health rating.
Field of Membership Restrictions
Membership is open to employees and contractors of District 8 of the Louisiana Department of Transportation and Development and the Baton Rouge headquarters who live or work in the District 8 region.
See current membership details
District 08 Credit Union Is A Great Place To Bank!
I love this credit union. My parents have been members for almost 40 years. I have been a member for about six years. We have never had any issues that we were unable to resolve quickly. It is a delight to conduct the banking transactions of my small business with the helpful staff of District 08. I have had problems with many other banks, and these problems have cost my business money. However, this credit union works with me to insure that my business is not hurt by any transaction errors. The friendly staff knows you by name and I really like that as well. I would recommend District 08 Credit union to everyone, but especially to small business owners.
Data as of Q3 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 14651 |
| Year Chartered | 1961 |
| Employees | 3 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.97% |
| Return on Equity - YTD | 9.33% |
| Annual Interest Income | $235.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $7.0MM$7.3MM |
| Loans | Q3 2019vs Q3 2018 | $4.8MM$4.4MM |
| Deposits | Q3 2019vs Q3 2018 | $6.3MM$6.6MM |
| Equity Capital | Q3 2019vs Q3 2018 | $729.00K$664.00K |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $15.00K$12.00K |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $30.00K$0 |
| Real Estate Owned | Q3 2019vs Q3 2018 | $0$0 |