First Castle Federal Credit Union

Overview / Commentary
100 Cherokee Rose Ln
Covington, LA 70433-7149

First Castle Federal Credit Union is headquartered in Covington and is the 33rd largest credit union in the state of Louisiana. It is also the 1,970th largest credit union in the nation. It was established in 1934 and as of September of 2019, it had grown to 19 employees and 6,034 members at 3 locations. First Castle Federal Credit Union's CD rates are 2X the national average, and it has a C+ health rating.

Field of Membership Restrictions

Membership in First Castle Federal Credit Union is open to those who live, work, worship or volunteer in St. Tammany Parish. Membership is also open to all USACE New Orleans District full and part time employees (must have a Corps ID) who do work in or for St. Tammany Parish.
See current membership details

Related Posts

View all posts from:


No reviews have been left for this bank yet. Be the first to review.

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. First Castle Federal Credit Union has a relatively low asset base.

Health Grade Components

Year Chartered1934
Primary Regulator
Profit Margin
Return on Assets - YTD-0.11%
Return on Equity - YTD-1.48%
Annual Interest Income$2.3MM
Assets and Liabilities
AssetsQ3 2019vs Q3 2018$70.8MM$72.9MM
LoansQ3 2019vs Q3 2018$57.7MM$59.9MM
DepositsQ3 2019vs Q3 2018$64.3MM$63.5MM
Equity CapitalQ3 2019vs Q3 2018$5.3MM$5.7MM
Loan Loss AllowanceQ3 2019vs Q3 2018$416.00K$522.00K
Unbacked Noncurrent LoansQ3 2019vs Q3 2018$906.00K$658.00K
Real Estate OwnedQ3 2019vs Q3 2018$426.00K$547.00K
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not First Castle Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

First Castle Federal Credit Union Savings Account Rates

1.00%*-$10kKasasa Saver
OTHER TIERS: 0.25% $10k+
0.65%--IRA Share
0.25%$5-Christmas Club
0.25%--Castle Kids Club
0.25%$5-Vacation Club
0.25%$5-Holiday Club
0.05%$1k$50kShare Savings
0.05%--Mortgage Escrow

First Castle Federal Credit Union Money Market Rates

0.55%*$50k*-Money Market Account
OTHER TIERS: 0.25% $2k - $10k | 0.35% $10k - $25k | 0.45% $25k - $50k

First Castle Federal Credit Union Checking Account Rates

2.50%*-$10kKasasa Cash
OTHER TIERS: 0.25% $10k+
1.65%*$200k*-Earn More! Checking
OTHER TIERS: 0.55% $10k - $50k | 1.00% $50k - $100k | 1.20% $100k - $150k | 1.45% $150k - $200k

First Castle Federal Credit Union CD Rates

2.25%$500-5 Year Share Certificate
2.05%$500-1 Year Share Certificate
2.05%$500-4 Year Share Certificate
1.75%$500-2 Year Share Certificate
1.75%$500-3 Year Share Certificate
1.00%$500-6 Month Share Certificate

First Castle Federal Credit Union IRA Rates

2.25%$500-5 Year IRA Share Certificate
2.05%$500-1 Year IRA Share Certificate
2.05%$500-4 Year IRA Share Certificate
1.75%$500-2 Year IRA Share Certificate
1.75%$500-3 Year IRA Share Certificate
1.00%$500-6 Month IRA Share Certificate

First Castle Federal Credit Union Locations
Branch Office100 Cherokee Rose LnCovington, LA 70433-7149
Branch Office7400 Leake AveNew Orleans, LA 70118
Branch Office2175 Gause Blvd ESlidell, LA 70461-4229

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.