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.
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
Overall | |
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NCUA # | 8530 |
Year Chartered | 1953 |
Employees | 25 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.23% |
Return on Equity - YTD | 2.1% |
Annual Interest Income | $1.2MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $130.6MM$122.1MM |
Loans | Q1 2025vs Q1 2024 | $47MM$42.1MM |
Deposits | Q1 2025vs Q1 2024 | $115.9MM$109.5MM |
Equity Capital | Q1 2025vs Q1 2024 | $14.3MM$11.9MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $84K$61K |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $268K$316K |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
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APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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0.50% | $0 | - | Shares (Savings) |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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0.10% | $0 | - | Share Draft (Checking) |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
2.02% | $0 | - | IRA Share |
Kraftman Federal Credit Union Locations | ||
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Branch Office | 805 E Cypress Ave | Bastrop, LA 71220-3912 |
Branch Office | 8737 Hwy 165 N | Monroe, LA 71203 |