Neighbors Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 3.57% | 5-year CD | 2.27% - National Average |
| 3.37% | 3-year CD | 1.87% - National Average |
| 3.57% | 5-year IRA | 2.28% - National Average |
Neighbors Federal Credit Union is headquartered in Baton Rouge and is the 3rd largest credit union in the state of Louisiana. It is also the 351st largest credit union in the nation. It was established in 1954 and as of December of 2018, it had grown to 246 employees and 72,904 members at 14 locations. Neighbors Federal Credit Union's CD rates are 3X the national average, and it 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
Related Posts
Neighbor's has been amazing!
We have been banking with Neighbor's Federal Credit Union for many years. We have our car loan through them as well. I think the reason why we will never leave is because of their outstanding customer service and their fraud detection. Twice in the past 5 years they have called us the same day and alerted us to fraudulent activity on our account. Within hours they deactivated my card that had the number stolen, and the money was back into our account within days! I never understood how they caught it so quickly because the purchases that were made were in the same state, and didn't look particularly suspicious. Thank goodness they realized that I don't normally spend that amount of money in a few hours time and they declined any further transactions for these thieves. I went into a branch the next day and they were so super helpful. They made me a new card, and went above and beyond to assure me that my money would be back into our account within 3-5 business days. We had a car loan through Whitney Bank and they were such a pain to deal with. They took over ownership on our loan and matched our interest rate! Also there is no penalty for an early pay-off which is great! I would highly recommend Neighbor's Federal Credit Union to anyone! We have had the best experience, and they are local so they are super convenient to deal with. Our savings account gets a pretty good return on our money as opposed to other big banks. We also have no ATM fees with their checking because we make more than 10 debit transactions per month.
Great Bank
Pros: Neighbors Federal Credit Union is a great bank. The staff is very friendly and take pride in customer satisfaction. Initially when opening an account with them; I had many questions. The representative answered all of my questions without any hesitation. Every time I go to NFCU, it's always a speedy process. It takes very little time to complete anything I may need done. I always felt comfortable with this bank. Another great thing about NFCU is that you can get a debit card printed the exact same day as you open a checking/savings account. This is a great thing for those that need to make purchases immediately.
Cons: This is a smaller bank. Therefore, it is harder to find bank locations in other cities. However, they do partner with other banks. So just check the site or call a representative to see partner banks for out of town convenience. Also, they do not have a 24 hours automated service. You pretty much have to wait till the next business day to talk to someone about any of your issues.
However, the pros outweigh the cons. I've banked with the bank for years. I've always been satisfied with service I've receive. They have great employees and great service. They value their customers. This is a great bank!
Great place to bank
This has been my bank/credit union since I was 15 years old. The workers have always gone above and beyond to help us, whether it be from getting a credit card or a loan, or transferring funds. Everyone is so friendly and always felt like they want to help you. The facilities are nice, as there are many around the city so always and option to bank. They offer typical awards such as rewards checking and return on ATM fees, as well as a coin counting machine at each location. The drive through is always free except on pay day, but other than that I have no complaints
Good Luck With This BANK
The web portal is a complete joke. It's down more often than it's up, during off hours. It sometimes works 8a-5p, when you don't really need it.
This happens VERY often. Comm errors when you try to login, or you can login, but all balance information is ****.** Bill pay is not accessible during these outages, so I hope you don't need to change any programmed payments. You will not be able to, and their stance is, "Tough luck".
It's very similar to banking at Bank of America.
Neighbors is not a credit union. They are a bank that pretends to be a credit union.
ANY credit union would be better than these folks.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 9229 |
| Year Chartered | 1954 |
| Employees | 246 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.75% |
| Return on Equity - YTD | 9.04% |
| Annual Interest Income | $31.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $874.9MM$820.9MM |
| Loans | Q4 2018vs Q4 2017 | $749.5MM$696.1MM |
| Deposits | Q4 2018vs Q4 2017 | $794.9MM$730.6MM |
| Equity Capital | Q4 2018vs Q4 2017 | $72.1MM$68.9MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $4.2MM$4.2MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $5.4MM$4.4MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $503.00K$0 |
Always verify rates and promotions with the bank or credit union. We are not Neighbors 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.
Neighbors Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.45% | - | - | IRA Savings | |
| 0.10% | $100 | - | Regular Share | |
| 0.10% | $100 | - | Extra Savers |
Neighbors Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.40%* | $50k* | - | Money Market | ||
| OTHER TIERS: 0.20% → $2.5k - $10k | 0.30% → $10k - $25k | 0.35% → $25k - $50k | |||||
Neighbors Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.27%* | $1.5k* | $15k | Dividend Checking | ||
| OTHER TIERS: 0.10% → $15k+ | |||||
| 2.27%* | $1.5k* | $15k | Dividend Plus Checking | ||
| OTHER TIERS: 0.10% → $15k+ | |||||
| 1.00%* | $100k* | - | Wealth Checking | ||
| OTHER TIERS: 0.50% → $50k - $75k | 0.75% → $75k - $100k | |||||
Neighbors Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.57% | $1.5k | - | 60 Month Share Certificate | |
| 3.41% | $1.5k | - | 48 Month Share Certificate | |
| 3.37% | $1.5k | - | 36 Month Share Certificate | |
| 3.14% | $1.5k | - | 30 Month Share Certificate | |
| 3.08% | $1.5k | - | 24 Month Share Certificate | |
| 2.90% | $1.5k | - | 18 Month Share Certificate | |
| 2.75% | $1.5k | - | 12 Month Share Certificate | |
| 2.70% | $1.5k | - | 9 Month Share Certificate | |
| 2.00% | $1.5k | - | 6 Month Share Certificate | |
| 0.89% | $1.5k | - | 3 Month Share Certificate |
Neighbors Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.57% | $1.5k | - | 60 Month IRA Certificate | |
| 3.41% | $1.5k | - | 48 Month IRA Certificate | |
| 3.37% | $1.5k | - | 36 Month IRA Certificate | |
| 3.14% | $1.5k | - | 30 Month IRA Certificate | |
| 3.08% | $1.5k | - | 24 Month IRA Certificate | |
| 2.90% | $1.5k | - | 18 Month IRA Certificate | |
| 2.75% | $1.5k | - | 12 Month IRA Certificate | |
| 2.70% | $1.5k | - | 9 Month IRA Certificate | |
| 2.00% | $1.5k | - | 6 Month IRA Certificate | |
| 0.89% | $1.5k | - | 3 Month IRA Certificate |
