Overview / Commentary
Neighbors Federal Credit Union is headquartered in Baton Rouge and is the 2nd largest credit union in the state of Louisiana. It is also the 366th largest credit union in the nation. It was established in 1954 and as of December of 2024, it had grown to 225 employees and 81,775 members at 11 locations. Neighbors Federal Credit Union has a B health rating.
Field of Membership Restrictions
Membership in Neighbors Federal Credit Union is open those who live, work, worship, or attend school in the Louisiana parishes of Ascension, East Baton Rouge, East Feliciana, Iberville, Livingston, Pointe Coupee, Saint Helena, West Baton Rouge, or West Feliciana.
See current membership details
Health
B
Data as of Q4 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 9229 |
| Year Chartered | 1954 |
| Employees | 225 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.68% |
| Return on Equity - YTD | -9.93% |
| Annual Interest Income | $71.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $1.3B$1.21B |
| Loans | Q4 2024vs Q4 2023 | $1.08B$935.8MM |
| Deposits | Q4 2024vs Q4 2023 | $1.13B$1.04B |
| Equity Capital | Q4 2024vs Q4 2023 | $91MM$97.2MM |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $14MM$7MM |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $19.9MM$17.2MM |
| Real Estate Owned | Q4 2024vs Q4 2023 | $0$0 |
