Louisiana Federal Credit Union

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A short history of Louisiana FCU

Since its inception in 1935 the Louisiana Federal Credit Union has been serving its members in the Laplace, 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 Rhonda Hotard, the Louisiana FCU has grown its membership to over 28,539 with assets of more than $229,404,123. They have a main office and 4 branch offices. Please see the credit unions website or contact them by phone at (985) 652-4990 or email them at itd@louisianafcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Laplace, LA.

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

Charter Number 174
Address 805 Robin Street 
City Laplace 
State Louisiana 
Zip-Code 70068
Phone Number (985) 652-4990
Fax Number (985) 651-8001
Email Address: itd@louisianafcu.org
CEO/President Rhonda Hotard
Members 28,539 
Full-Time Employees 84 
Part-Time Employees
Number of Branch Offices
Total Assets 229,404,123 
Website http://www.louisianafcu.org 

Compare Louisiana Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
St. John Self-help CU MAIN OFFICE 840 HIGHWAY 44 70084 (985) 536-2818 No 8.27
Total Choice CU LaPlace Office 100 Palmetto Dr 70068 (985) 651-2510 No 10.97
Taft Employees CU Main Office 266 Highway 3142 70057 (985) 783-7346 No 11.41
Asbestos Workers Local 53 CU Benefits Building 2001 Veterans Memorial Blvd Ste 201 70062 (504) 468-9654 No 14.73
Caano Employees CU CAANO EMPLOYEES FCU AIR TRAFFIC CONTROL TOWER 70141 (504) 466-5727 No 15.17

Louisiana Federal Credit Union Financial Performance Charts

Performance Charts

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Financial Data

Louisiana 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 10.57 4.13 6.12 4.54 5.56
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 304 296 455 209 296
Rank Among All Louisiana Credit Unions 33 55 62 28 29

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

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.10 0.10 0.25 1.28 1.52
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 116 129 105 120 92
Rank Among All Louisiana Credit Unions 13 41 13 10 8
Louisiana Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.5704,3017,892,269
All Other Unsecured Loans/Lines of Credit 11.9106,14721,389,962
Short-Term, Small Amount Loans (STS) (Federal CU Only) 15.900366122,881
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.1301,50232,050,745
Used Vehicle Loans 6.1203,13655,300,894
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.54051353,037,872
Total Other Real Estate Loans/Lines of Credit 5.5601263,820,216
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 7.0301,23312,982,058
TOTAL LOANS & LEASES 17,324186,596,897

Louisiana 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 10712,901,930224,313,033
    b. 15 Years or less 37425,890,818382,511,790
    a. > 15 years 42,350,82200
    b. 15 Years or less 178,077,71052,363,056
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 113,816,59241,778,607


Closed-End Fixed Rate 1232,861,660274,000
Closed-End Adjustable Rate 1888,69400
Open-End Adjustable Rate 269,862291,000
Open-End Fixed Rate 0000
TOTALS 63956,858,0887311,131,486


Interest Only & Payment Option 1st Mortgage Loans 54,076,4422,264,163
Interest Only & Payment Option Other RE/LOC Loans 5223,62722,688
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

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