Overview / Commentary
Ouachita Valley Federal Credit Union is headquartered in West Monroe and is the 15th largest credit union in the state of Louisiana. It is also the 918th largest credit union in the nation. It was established in 1955 and as of June of 2020, it had grown to 103 employees and 31,667 members at 5 locations. Ouachita Valley Federal Credit Union has an A 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
A
Data as of Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 10181 |
| Year Chartered | 1955 |
| Employees | 103 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.75% |
| Return on Equity - YTD | 6.86% |
| Annual Interest Income | $5.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $286.8MM$241.9MM |
| Loans | Q2 2020vs Q2 2019 | $193.7MM$180.7MM |
| Deposits | Q2 2020vs Q2 2019 | $249.2MM$206.6MM |
| Equity Capital | Q2 2020vs Q2 2019 | $30.1MM$28.3MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $945.00K$984.00K |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $1.6MM$1.8MM |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |