Kraftman Federal Credit Union


Overview / Commentary
318-281-2804
805 E Cypress Ave
Bastrop, LA 71220

Kraftman Federal Credit Union is headquartered in Bastrop and is the 26th largest credit union in the state of Louisiana. It is also the 1,621st largest credit union in the nation. It was established in 1953 and as of December of 2024, it had grown to 25 employees and 6,667 members at 2 locations. Kraftman Federal Credit Union's CD rates are 5X the national average, and it has an A health rating.

Field of Membership Restrictions

Membership in Kraftman Federal Credit Union is open to those who live, work, worship, or attend school in the Louisiana parishes of Morehouse, Richland, or West Carroll, or portions of Ouachita Parish or Union Parish.
See current membership details

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Health

Health Grade Components

Overall
NCUA #8530
Year Chartered1953
Employees25
Primary Regulator
Profit Margin
Return on Assets - YTD0.13%
Return on Equity - YTD1.33%
Annual Interest Income$4.5MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$125.1MM$120.1MM
LoansQ4 2024vs Q4 2023$45.8MM$41.5MM
DepositsQ4 2024vs Q4 2023$111.9MM$107.1MM
Equity CapitalQ4 2024vs Q4 2023$12.7MM$12.4MM
Loan Loss AllowanceQ4 2024vs Q4 2023$77K$82K
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$213K$227K
Real Estate OwnedQ4 2024vs Q4 2023$0$0
Rates
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Kraftman Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$0-Shares (Savings)

Kraftman Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%$0-Share Draft (Checking)

Kraftman Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.59%$99k-6 Month Jumbo CD
4.33%$0$99k6 Month CD
4.33%$99k-12 Month Jumbo CD
4.07%$0$99k12 Month CD
3.82%$99k-24 Month Jumbo CD
3.82%$99k-60 Month Jumbo CD
3.56%$0$99k24 Month CD
3.56%$0$99k60 Month CD

Kraftman Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.02%$0-IRA Share
Locations


Kraftman Federal Credit Union Locations
Branch Office805 E Cypress AveBastrop, LA 71220-3912
Branch Office8737 Hwy 165 NMonroe, LA 71203

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