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 1,603rd largest credit union in the nation. It was established in 1953 and as of March of 2025, it had grown to 25 employees and 6,697 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 - YTD0.23%
Return on Equity - YTD2.1%
Annual Interest Income$1.2MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$130.6MM$122.1MM
LoansQ1 2025vs Q1 2024$47MM$42.1MM
DepositsQ1 2025vs Q1 2024$115.9MM$109.5MM
Equity CapitalQ1 2025vs Q1 2024$14.3MM$11.9MM
Loan Loss AllowanceQ1 2025vs Q1 2024$84K$61K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$268K$316K
Real Estate OwnedQ1 2025vs Q1 2024$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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