Overview / Commentary
Ouachita Valley Federal Credit Union is headquartered in West Monroe and is the 14th largest credit union in the state of Louisiana. It is also the 915th largest credit union in the nation. It was established in 1955 and as of March of 2022, it had grown to 113 employees and 33,670 members at 5 locations. Ouachita Valley Federal Credit Union's CD rates are 51% higher than the national average, and it has a B+ health rating.
Field of Membership Restrictions
Membership in Ouachita Valley Credit Union is open to those who live, work, worship, or attend school in the Louisiana parishes of Caldwell, Franklin, Jackson, Lincoln, Morehouse, Ouachita, or Richland.
See current membership details
Health
B+
Data as of Q1 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 10181 |
| Year Chartered | 1955 |
| Employees | 113 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.98% |
| Return on Equity - YTD | 9.48% |
| Annual Interest Income | $2.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $344.0MM$322.2MM |
| Loans | Q1 2022vs Q1 2021 | $211.4MM$193.1MM |
| Deposits | Q1 2022vs Q1 2021 | $298.3MM$283.8MM |
| Equity Capital | Q1 2022vs Q1 2021 | $34.3MM$30.9MM |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $1.6MM$993.00K |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $3.7MM$1.4MM |
| Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |