Kraftman Federal Credit Union

Overview / Commentary
805 E Cypress Ave
Bastrop, LA 71220-3912

Kraftman Federal Credit Union is headquartered in Bastrop and is the 28th largest credit union in the state of Louisiana. It is also the 1,579th largest credit union in the nation. It was established in 1953 and as of September of 2019, it had grown to 27 employees and 7,020 members at 1 location. Kraftman Federal Credit Union's CD rates are 2X the national average, and it has an A health rating.

Field of Membership Restrictions

Must live, work, worship or attend school in Morehouse Parish, Richland Parish or West Carroll Parish.
See current membership details


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Health Grade Components

NCUA #8530
Year Chartered1953
Primary Regulator
Profit Margin
Return on Assets - YTD0.59%
Return on Equity - YTD3.43%
Annual Interest Income$2.4MM
Assets and Liabilities
AssetsQ3 2019vs Q3 2018$106.2MM$105.2MM
LoansQ3 2019vs Q3 2018$32.3MM$34.1MM
DepositsQ3 2019vs Q3 2018$87.7MM$88.8MM
Equity CapitalQ3 2019vs Q3 2018$18.1MM$15.9MM
Loan Loss AllowanceQ3 2019vs Q3 2018$383.00K$283.00K
Unbacked Noncurrent LoansQ3 2019vs Q3 2018$844.00K$1.1MM
Real Estate OwnedQ3 2019vs Q3 2018$211.00K$9.00K
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Kraftman Federal Credit Union Savings Account Rates

1.76%--IRA Share
0.25%--Shares (Savings)
0.25%--Christmas Club

Kraftman Federal Credit Union Checking Account Rates

0.10%--Share Draft (Checking)

Kraftman Federal Credit Union CD Rates

2.78%$99k-60 Month Jumbo CD
2.52%-$99k60 Month CD
2.27%$99k-24 Month Jumbo CD
2.01%-$99k24 Month CD
2.01%$99k-12 Month Jumbo CD
1.76%-$99k12 Month CD
0.95%$99k-6 Month Jumbo CD
0.70%-$99k6 Month CD

Kraftman Federal Credit Union Locations
Branch Office805 E Cypress AveBastrop, LA 71220-3912

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