Jefferson Financial Federal Credit Union is headquartered in Metairie and is the 4th largest credit union in the state of Louisiana. It is also the 490th largest credit union in the nation. It was established in 1966 and as of December of 2022, it had grown to 139 employees and 48,992 members at 15 locations. Jefferson Financial Federal Credit Union's CD rates are 4X the national average, but it has a C health rating.
Membership in Jefferson Financial Credit Union is open to individuals who live, attend school, worship or work in the Louisiana parishes of Calcasieu, Cameron, Jefferson, Livingston, Orleans, or St. Tammany, or the Alabama counties of Autauga, Dallas, Chilton, Lowndes, Perry, or Wilcox. Staff and students of the Bossier Parish, Caddo Parish, or East Baton Rouge Parish school systems and staff members of the St. James Parish or St. Charles Parish school systems also qualify. Employees of nearly 200 Select Employer Groups (listed on the Credit Union’s website), including Ochsner Health System and the Louisiana Department of Transportation, are eligible to join.
See current membership details
Friendly staff, great rates, many locations, always willing to go above & beyond for their members!
I have had my membership with JFFCU for over 10 years and I don't plan on ever switching institutions!! The branches are convenient and the staff is always eager to assist! I have had loans with JFFCU as well and I have never had an issue with it!
I have had payroll deposits on hold, every check rather an automatic deposit or physical deposit there is a three day hold or payroll checks are pending and funds are not available until the credit union opens at 9am. I've been a member for over 12 years and still the same crap with holding my own funds. Well, that not good business practices so I'm closing this account. We have too many choices of banks and credit unions to put up with JFCU crap.
Everyone I have meet at JFFCU is great! They have the best rates in town, hands down! I used to deal with the big banks, but never again.
Overall | |
---|---|
NCUA # | 24871 |
Year Chartered | 1966 |
Employees | 139 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | -0.13% |
Return on Equity - YTD | -2.18% |
Annual Interest Income | $30.0MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2022vs Q4 2021 | $863.6MM$847.1MM |
Loans | Q4 2022vs Q4 2021 | $555.9MM$474.0MM |
Deposits | Q4 2022vs Q4 2021 | $640.0MM$699.7MM |
Equity Capital | Q4 2022vs Q4 2021 | $51.3MM$75.4MM |
Loan Loss Allowance | Q4 2022vs Q4 2021 | $6.2MM$7.3MM |
Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $9.3MM$8.0MM |
Real Estate Owned | Q4 2022vs Q4 2021 | $0$163.00K |
Always verify rates and promotions with the bank or credit union. We are not Jefferson Financial 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.50%* | - | $20k | Kasasa Saver | ||
OTHER TIERS: 0.25% → $20k+ | |||||
0.25% | $1k | - | IRA Shares | ||
0.10% | $1k | - | Primary Savings | ||
0.10% | $1k | - | Secondary Savings | ||
0.10% | $1k | - | Business Primary Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
3.00%* | - | $10k | Kasasa Cash | ||
OTHER TIERS: 0.25% → $10k+ | |||||
0.50% | $10k | - | Business Checking | ||
0.05% | $5k | - | Consumer Checking |