Morgan City Federal Credit Union

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A short history of Morgan City FCU

Since its inception in 1962 the Morgan City Federal Credit Union has been serving its members in the MORGAN CITY, 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 MARTHA SMILIE, the Morgan City FCU has grown its membership to over 1,025 with assets of more than $6,684,027. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (985) 380-4722 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in MORGAN CITY, LA.

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

Charter Number 15009
Address PO BOX 610 
City MORGAN CITY 
State Louisiana 
Zip-Code 70381
Phone Number (985) 380-4722
Fax Number (985) 385-9968
Email Address: none
CEO/President MARTHA SMILIE
Members 1,025 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 6,684,027 
Website  

Compare Morgan City Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Cabot Employees CU General Delivery 272 Cabot Canal Plant Lane 70538 (337) 836-2219 No 15.75
St. Mary Parish School Emp. CU Main Office 1401 Cynthia St 70538 (337) 828-0182 No 19.10
Texaco Of Houma CU Houma 301 S Hollywood Rd 70361 (985) 868-9644 No 27.77
T E A CU T. E. A. Federal Credit Union 7220 Main St 70361 (985) 876-6269 No 28.94

Morgan City Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Morgan City 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 N/A 4.26 7.41 N/A N/A
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 313 579 N/A N/A
Rank Among All Louisiana Credit Unions N/A 60 81 N/A N/A

Morgan City Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.50 N/A N/A N/A
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 66 N/A N/A N/A
Rank Among All Louisiana Credit Unions N/A 21 N/A N/A N/A
Morgan City Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 12.180240649,561
Short-Term, Small Amount Loans (STS) (Federal CU Only) 28.000174,475
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.2601012,304,322
Used Vehicle Loans 7.41027253,792
Total 1st Mortgage Real Estate Loans/Lines of Credit 0.00000
Total Other Real Estate Loans/Lines of Credit 0.00000
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.42079794,290
TOTAL LOANS & LEASES 4644,006,440

Morgan City Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

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 0000
    b. 15 Years or less 0000
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 0000

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

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

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