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

Kraftman Federal Credit Union is headquartered in Bastrop and is the 26th largest credit union in the state of Louisiana. It is also the 1,565th largest credit union in the nation. It was established in 1953 and as of June of 2018, it had grown to 25 employees and 7,395 members at 1 location. Kraftman Federal Credit Union's CD rates are 62% higher than 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.
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Health Grade Components

NCUA #8530
Year Chartered1953
Primary Regulator
Profit Margin
Return on Assets - YTD1.11%
Return on Equity - YTD7.44%
Annual Interest Income$1.5MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$106.6MM$111.0MM
LoansQ2 2018vs Q2 2017$34.7MM$36.2MM
DepositsQ2 2018vs Q2 2017$90.1MM$94.0MM
Equity CapitalQ2 2018vs Q2 2017$16.0MM$16.2MM
Loan Loss AllowanceQ2 2018vs Q2 2017$185.00K$126.00K
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$1.2MM$996.00K
Real Estate OwnedQ2 2018vs Q2 2017$57.00K$16.00K
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Kraftman Federal Credit Union Savings Account Rates

1.20%--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

2.32%$99k-60 Month Jumbo CD
2.06%-$99k60 Month CD
1.76%$99k-24 Month Jumbo CD
1.51%-$99k24 Month CD
1.46%$99k-12 Month Jumbo CD
1.20%-$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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