Wesla Federal Credit Union

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A short history of Wesla FCU

Since its inception in 1971 the Wesla Federal Credit Union has been serving its members in the SHREVEPORT, 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 Teresa Morrow, the Wesla FCU has grown its membership to over 8,790 with assets of more than $82,950,607. They have a main office and 3 branch offices. Please see the credit unions website or contact them by phone at (318) 687-8700 or email them at wesla@wesla.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in SHREVEPORT, LA.

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

Charter Number 20749
Address P. O. BOX 17770 
State Louisiana 
Zip-Code 71138
Phone Number (318) 687-8700
Fax Number (318) 688-8833
Email Address: wesla@wesla.org
CEO/President Teresa Morrow
Members 8,790 
Full-Time Employees 19 
Part-Time Employees
Number of Branch Offices
Total Assets 82,950,607 
Website http://www.wesla.org 

Compare Wesla Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Graphic Arts CU Main Office 401 Edwards St Ste 210 71101 (318) 459-3387 No 1.03
State Agencies CU STATE AGENCIES FCU 1525 Fairfield Ave 71101 (318) 676-5113 No 1.90
T.e.s. Regional Healthcare CU TES Regional Healthcare FCU 2050 Line Ave 71104 (318) 681-4335 No 2.34
Barksdale CU Cotton Valley Center 106 Resident St 71018 (318) 629-8453 No 2.86
Post Office Employees CU Youree Dr - Branch 8810 Youree Dr 71115 (318) 798-1333 No 2.90

Wesla Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Wesla 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 10.80 2.45 2.45 4.75 4.75
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 323 78 46 238 200
Rank Among All Louisiana Credit Unions 35 9 3 33 13

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

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.01 0.08 0.25 0.01
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 156 139 310 297
Rank Among All Louisiana Credit Unions N/A 49 18 58 45
Wesla Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.8006051,957,978
All Other Unsecured Loans/Lines of Credit 10.5006942,558,357
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.4502687,258,580
Used Vehicle Loans 2.4503675,926,364
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.750553,761,403
Total Other Real Estate Loans/Lines of Credit 4.750801,517,128
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 2.7902312,526,981
TOTAL LOANS & LEASES 2,30025,506,791

Wesla 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 202,223,7593384,568
    b. 15 Years or less 261,033,64500
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 120,05600
Adjustable Rate > 1 yr 8483,94300


Closed-End Fixed Rate 265,78500
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 781,451,34311,081
Open-End Fixed Rate 0000
TOTALS 1355,278,5314385,649


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

Wesla Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit No
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