Overview / Commentary
GP Louisiana Federal Credit Union is headquartered in Zachary and is the 43rd largest credit union in the state of Louisiana. It is also the 2,421st largest credit union in the nation. It was established in 1969 and as of December of 2019, it had grown to 11 employees and 3,914 members at 3 locations. GP Louisiana Federal Credit Union has a B health rating.
Field of Membership Restrictions
Must be an employee of the Georgia Pacific Corporation, Georgia Gulf Corporation or other select companies.
See current membership details
Health
B
Data as of Q4 2019
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. GP Louisiana Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 19320 |
| Year Chartered | 1969 |
| Employees | 11 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.47% |
| Return on Equity - YTD | -4.69% |
| Annual Interest Income | $2.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $45.6MM$43.7MM |
| Loans | Q4 2019vs Q4 2018 | $31.3MM$32.9MM |
| Deposits | Q4 2019vs Q4 2018 | $40.9MM$38.8MM |
| Equity Capital | Q4 2019vs Q4 2018 | $4.5MM$4.7MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $580.00K$390.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $725.00K$875.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |