Overview / Commentary
Xplore FCU is headquartered in Metairie and is the 22nd largest credit union in the state of Louisiana. It is also the 1,467th largest credit union in the nation. It was established in 1978 and as of June of 2024, it had grown to 41 employees and 7,874 members at 5 locations. Xplore FCU has a B+ health rating.
Field of Membership Restrictions
Xplore Federal Credit Union offers membership to those who live, work, worship, or attend school in the Louisiana parishes of Jefferson, Orleans, or St. Tammany.
See current membership details
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Health
B+
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 23017 |
| Year Chartered | 1978 |
| Employees | 41 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.15% |
| Return on Equity - YTD | 10.8% |
| Annual Interest Income | $3.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $153.1MM$154.7MM |
| Loans | Q2 2024vs Q2 2023 | $105.5MM$114.3MM |
| Deposits | Q2 2024vs Q2 2023 | $115.4MM$127MM |
| Equity Capital | Q2 2024vs Q2 2023 | $16.8MM$15.4MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $198K$222K |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $242K$170K |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |