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

Kraftman Federal Credit Union is headquartered in Bastrop and is the 27th largest credit union in the state of Louisiana. It is also the 1,595th largest credit union in the nation. It was established in 1953 and as of December of 2018, it had grown to 23 employees and 7,121 members at 1 location. Kraftman Federal Credit Union's CD rates are 2X the national average, and it has a B+ 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 - YTD0.69%
Return on Equity - YTD4.38%
Annual Interest Income$3.1MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$102.5MM$107.9MM
LoansQ4 2018vs Q4 2017$33.3MM$35.5MM
DepositsQ4 2018vs Q4 2017$85.9MM$91.5MM
Equity CapitalQ4 2018vs Q4 2017$16.4MM$16.1MM
Loan Loss AllowanceQ4 2018vs Q4 2017$337.00K$176.00K
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$788.00K$1.2MM
Real Estate OwnedQ4 2018vs Q4 2017$89.00K$61.00K
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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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