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INSTEP Credit Union


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/13/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/13/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/13/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/13/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/13/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.instepmembers.com
504-394-5574
400 Russell Ave Bldg 509
New Orleans, LA 70143

INSTEP Credit Union is headquartered in New Orleans and is the 48th largest credit union in the state of Louisiana. It is also the 2,420th largest credit union in the nation. It was established in 1948 and as of March of 2025, it had grown to 22 employees and 5,085 members at 2 locations. INSTEP Credit Union's savings rates are 6X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership in INSTEP Credit Union is open to Members of all Military services, Military Veterans, Employees of the Federal Civil Service, Employees of this Credit Union, Employees of the Department of Defense, Employees of Belle Chasse Academy, Employees of Chevron Chemical Company, Oak Point Plant. Immediate families and organizations of those listed. Live, work, or worship in Plaquemines Parish.
See current membership details

Reviews

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Health
B+

Data as of Q1 2025

Learn why bank health matters
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. INSTEP Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #24951
Year Chartered1948
Employees22
Primary Regulator
Profit Margin
Return on Assets - YTD-1.08%
Return on Equity - YTD-7.88%
Annual Interest Income$773K
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$51.5MM$48.1MM
LoansQ1 2025vs Q1 2024$38.6MM$36.4MM
DepositsQ1 2025vs Q1 2024$43.6MM$40.4MM
Equity CapitalQ1 2025vs Q1 2024$6.9MM$7.4MM
Loan Loss AllowanceQ1 2025vs Q1 2024$850K$647K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$770K$589K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/13/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/13/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/13/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/13/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/13/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

INSTEP Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.09%$0-Instep Kids Account
4.09%$0-Instep Teens
3.05%$0-Christmas Club
3.05%$0-Back to School Savings
0.75%$50$150kRegular Shares

INSTEP Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.36%$0-United Checking
1.36%$0-Patriotic Checking

INSTEP Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.08%$25k$100k3 Month Super Jumbo CD
3.82%$15k$25k3 Month Jumbo CD
3.56%$5k$15k3 Month Mini Jumbo CD
3.30%$500$5k3 Month CD
3.05%$25k$100k6 Month Super Jumbo CD
2.79%$25k$100k9 Month Super Jumbo CD
2.78%$15k$25k6 Month Jumbo CD
2.53%$500$5k6 Month CD
2.53%$5k$15k6 Month Mini Jumbo CD
2.53%$25k$100k1 Year Super Jumbo CD
2.53%$15k$25k9 Month Jumbo CD
2.28%$15k$25k1 Year Jumbo CD
2.28%$25k$100k2 Year Super Jumbo CD
2.28%$500$5k9 Month CD
2.28%$5k$15k9 Month Mini Jumbo CD
2.02%$500$5k1 Year CD
2.02%$15k$25k2 Year Jumbo CD
2.02%$5k$15k1 Year Mini Jumbo CD
2.02%$25k$100k3 Year Super Jumbo CD
1.77%$500$5k2 Year CD
1.76%$5k$15k2 Year Mini Jumbo CD
1.76%$15k$25k3 Year Jumbo CD
1.51%$500$5k3 Year CD
1.51%$5k$15k3 Year Mini Jumbo CD

INSTEP Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.08%$25k$100k3 Month Super Jumbo IRA
3.82%$15k$25k3 Month Jumbo IRA
3.56%$5k$15k3 Month Mini Jumbo IRA
3.30%$500$5k3 Month IRA
3.05%$500$5k6 Month IRA
3.05%$25k$100k6 Month Super Jumbo IRA
2.79%$25k$100k9 Month Super Jumbo IRA
2.78%$15k$25k6 Month Jumbo IRA
2.53%$500$5k1 Year IRA
2.53%$15k$25k9 Month Jumbo IRA
2.53%$5k$15k6 Month Mini Jumbo IRA
2.53%$25k$100k1 Year Super Jumbo IRA
2.28%$15k$25k1 Year Jumbo IRA
2.28%$500$5k9 Month IRA
2.28%$5k$15k9 Month Mini Jumbo IRA
2.28%$25k$100k2 Year Super Jumbo IRA
2.02%$500$5k2 Year IRA
2.02%$15k$25k2 Year Jumbo IRA
2.02%$5k$15k1 Year Mini Jumbo IRA
2.02%$25k$100k3 Year Super Jumbo IRA
1.76%*$20k*-IRA Share Account
OTHER TIERS: 1.26% → $0 - $10k | 1.51% → $10k - $20k
1.76%$500$5k3 Year IRA
1.76%$15k$25k3 Year Jumbo IRA
1.76%$5k$15k2 Year Mini Jumbo IRA
1.51%$5k$15k3 Year Mini Jumbo IRA
Locations


INSTEP Credit Union Locations
Branch Office400 Russell Ave Bldg 509New Orleans, LA 70143-5077
Branch Office8640 Highway 23Belle Chasse, LA 70037

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