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Overview / Commentary
800-775-7771
3300 S Macarthur Dr Buidling 23
Alexandria, LA 71301

District 08 Federal Credit Union is headquartered in Alexandria and is the 116th largest credit union in the state of Louisiana. It is also the 4,478th largest credit union in the nation. It was established in 1961 and as of September of 2016, it had grown to 3 employees and 1,612 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

Reviews (1)

District 08 Credit Union Is A Great Place To Bank!

Posted by: felton | Feb 18, 2011

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.



Health
C+
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. District 08 Federal Credit Union has a very low asset base.

Health Grade Components

Overall
NCUA #14651
Year Chartered1961
Employees3
Primary Regulator
Profit Margin
Return on Assets - YTD0.39%
Return on Equity - YTD4.95%
Annual Interest Income$182.00K
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$8.0MM$8.0MM
LoansQ3 2016vs Q3 2015$3.4MM$3.2MM
DepositsQ3 2016vs Q3 2015$7.4MM$7.4MM
Equity CapitalQ3 2016vs Q3 2015$619.00K$591.00K
Loan Loss AllowanceQ3 2016vs Q3 2015$12.00K$13.00K
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$21.00K$56.00K
Real Estate OwnedQ3 2016vs Q3 2015$0$0
Rates
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District 08 Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.01%$200-Regular Savings
0.01%$200-Auxillary Savings
0.01%$200-Escrow Savings
0.01%--Children Savings
0.01%--Christmas Club
Locations


District 08 Federal Credit Union Locations
Branch Office3300 S MacArthur Dr Buidling 23Alexandria, LA 71301