Louisiana Federal Credit Union is headquartered in La Place and is the 10th largest credit union in the state of Louisiana. It is also the 716th largest credit union in the nation. It was established in 1935 and as of March of 2022, it had grown to 106 employees and 35,912 members at 6 locations. Louisiana Federal Credit Union has an A health rating.
Louisiana Federal Credit Union is open to employees/retirees/members (and their families) of more than 600 Business Partners (Select Employer Group), including Dow Chemical, Ian Somerhalder Foundation, Marathon Oil Louisiana Refinery Division, and St. Charles Parish. (A complete list can be found on the Credit Union's website). Membership also extends to family or household members of Louisiana FCU members.
See current membership details
Overall | |
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NCUA # | 174 |
Year Chartered | 1935 |
Employees | 106 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.51% |
Return on Equity - YTD | 15.3% |
Annual Interest Income | $3.9MM |
Assets and Liabilities | ||
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Assets | Q1 2022vs Q1 2021 | $494.3MM$394.7MM |
Loans | Q1 2022vs Q1 2021 | $283.3MM$240.4MM |
Deposits | Q1 2022vs Q1 2021 | $438.7MM$346.4MM |
Equity Capital | Q1 2022vs Q1 2021 | $47.8MM$40.2MM |
Loan Loss Allowance | Q1 2022vs Q1 2021 | $1.2MM$1.7MM |
Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $3.0MM$1.9MM |
Real Estate Owned | Q1 2022vs Q1 2021 | $0$1.7MM |
Always verify rates and promotions with the bank or credit union. We are not Louisiana Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.50% | - | - | IRA Shares | ||
0.15%* | $2.5k* | - | Share Account | ||
OTHER TIERS: 0.10% → Up to $2.5k | |||||
0.15%* | $2.5k* | - | Club Account | ||
OTHER TIERS: 0.10% → Up to $2.5k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.75%* | $100k* | - | Business Money Market Accounts | ||
OTHER TIERS: 0.15% → $5k - $10k | 0.25% → $10k - $100k | |||||
0.25%* | $10k* | - | Money Market Accounts | ||
OTHER TIERS: 0.15% → $5k - $10k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.10% | - | - | Interest Checking Account |
Louisiana Federal Credit Union Locations | ||
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Branch Office | 15689 Airline Hwy | Norco, LA 70079-2463 |
Branch Office | 1643 Highway 3125 | Gramercy, LA 70052 |
Branch Office | 350 Belle Terre Blvd | La Place, LA 70068-2435 |
Branch Office | 805 Robin St | La Place, LA 70068-4903 |
Branch Office | 42162 Veterans Ave | Hammond, LA 70403 |
Branch Office | 38307 Highway 30 | Gonzales, LA 70737 |