Overview / Commentary
CenLA Federal Credit Union is headquartered in Alexandria and is the 28th largest credit union in the state of Louisiana. It is also the 1,661st largest credit union in the nation. It was established in 1963 and as of December of 2024, it had grown to 21 employees and 9,654 members at 3 locations. CenLA Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in CenLA Federal Credit Union is open to those who live, work, worship, or attend school in the Louisiana parishes of Catahoula, Grant, LaSalle, Rapides, or Winn. Employees/members of Vernon School, Louisiana Special Education Center (Alexandria), Louisiana District 7 Retired Teachers Association, or Union Tank Car also qualify for membership.
See current membership details
Health
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 15602 |
| Year Chartered | 1963 |
| Employees | 21 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.61% |
| Return on Equity - YTD | 8.1% |
| Annual Interest Income | $5.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $119.9MM$120.5MM |
| Loans | Q4 2024vs Q4 2023 | $46.8MM$47.6MM |
| Deposits | Q4 2024vs Q4 2023 | $96MM$99.4MM |
| Equity Capital | Q4 2024vs Q4 2023 | $23.6MM$20.5MM |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $271K$236K |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $150K$344K |
| Real Estate Owned | Q4 2024vs Q4 2023 | $0$0 |