Carter Federal Credit Union

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A short history of Carter FCU

Since its inception in 1954 the Carter Federal Credit Union has been serving its members in the SPRINGHILL, Louisiana area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Joe Arnold, the Carter FCU has grown its membership to over 24,856 with assets of more than $270,347,645. They have a main office and 7 branch offices. Please see the credit unions website or contact them by phone at (318) 539-4655 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in SPRINGHILL, LA.

General Information For Carter FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 9164
Address PO BOX 814 
State Louisiana 
Zip-Code 71075
Phone Number (318) 539-4655
Fax Number (318) 539-5104
Email Address:
CEO/President Joe Arnold
Members 24,856 
Full-Time Employees 88 
Part-Time Employees
Number of Branch Offices
Total Assets 270,347,645 

Compare Carter Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
U B C Southern Council Industria Wo CU UBC SOUTHERN COUNCIL OF INDUSTRIAL WORKERS FEDERAL CREDIT UNION 111 S Monroe St Rm 207 71058 (318) 377-5802 No 28.06
Webster United CU Main Office 616 E Union St 71058 (318) 377-6906 No 28.74

Carter Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Carter Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 8.80 2.99 3.99 5.00 6.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 144 145 202 268 341
Rank Among All Louisiana Credit Unions 16 21 22 39 38

Carter Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.11 0.25 0.40 0.70 0.50
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 115 95 76 224 227
Rank Among All Louisiana Credit Unions 12 29 7 36 31
Carter Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.8003,7534,914,438
All Other Unsecured Loans/Lines of Credit 12.0003,15511,207,185
Short-Term, Small Amount Loans (STS) (Federal CU Only) 15.0004914,076
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.99064413,321,291
Used Vehicle Loans 3.9903,26949,013,468
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.000771101,455,810
Total Other Real Estate Loans/Lines of Credit 6.00046910,804,543
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.9901,93329,231,611
TOTAL LOANS & LEASES 14,043219,962,422

Carter Federal Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 24332,959,3594965,800
    b. 15 Years or less 35326,242,88214962,198
    a. > 15 years 208,235,5751128,000
    b. 15 Years or less 13626,877,439174,024,318
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 74,242,16900
Adjustable Rate > 1 yr 122,898,38600


Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1624,392,43800
Open-End Fixed Rate 3076,412,105511,676,900
TOTALS 1,240112,260,353877,757,216


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Carter Federal Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending Yes
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes