Internal Revenue Federal Credit Union


Overview / Commentary
504-523-3756
1555 Poydras St Ste 250
New Orleans, LA 70112-3726

Internal Revenue Federal Credit Union is headquartered in New Orleans and is the 86th largest credit union in the state of Louisiana. It is also the 3,708th largest credit union in the nation. It was established in 1937 and as of March of 2019, it had grown to 3 employees and 1,548 members at 1 location. Internal Revenue Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open to members of the Louisiana Society for the Prevention of Cruelty to Animals ($25 membership fee). Membership is also open to employees of the Internal Revenue Service in Louisiana, and over 10 federal agencies located in the New Orleans area.
See current membership details

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Health
B+
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. Internal Revenue Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #2446
Year Chartered1937
Employees3
Primary Regulator
Profit Margin
Return on Assets - YTD1.32%
Return on Equity - YTD7.88%
Annual Interest Income$129.00K
Assets and Liabilities
AssetsQ1 2019vs Q1 2018$14.0MM$13.7MM
LoansQ1 2019vs Q1 2018$7.6MM$6.1MM
DepositsQ1 2019vs Q1 2018$11.6MM$11.4MM
Equity CapitalQ1 2019vs Q1 2018$2.3MM$2.2MM
Loan Loss AllowanceQ1 2019vs Q1 2018$58.00K$46.00K
Unbacked Noncurrent LoansQ1 2019vs Q1 2018$6.00K$27.00K
Real Estate OwnedQ1 2019vs Q1 2018$0$0
Rates

Rates for Internal Revenue Federal Credit Union are currently being reviewed.

Locations


Internal Revenue Federal Credit Union Locations
Branch Office1555 Poydras St Ste 250New Orleans, LA 70112-3726

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