Louisiana
REGULATING AGENCY: Louisiana Office of Financial Institutions
Louisiana State Capitol
- P. Scott Jolly, Commissioner
- Christine Kirkland, Deputy Commissioner
- Website: ofi.state.la.us
ACCREDITED: 1995
LEAGUE:
- Juan Fernandez Ceballos, President/CEO
- Website: lcul.com
PRIVATE SHARE INSURANCE: No
2023 STATS
- Largest SCU: PELICAN STATE CU $661.3M in assets
- Largest FCU: BARKSDALE FCU $2.19B in assets
| Second Quarter 2023 | SCUs | FCUs | Total CUs | % of SCUs/Total |
|---|---|---|---|---|
| Total Credit Unions | 27 | 125 | 152 | 17.76% |
| Credit Union Members | 204,379 | 1.18M | 1.38M | 14.80% |
| Credit Union Assets | $1.86B | $14.45B | $16.31B | 11.42% |
FUN FACT
Louisiana has the tallest state capitol building in the United States; the building is 450 feet tall with 34 floors.
RECENT NEWS
Louisiana credit union expands field of membership into Arkansas
Feb. 23, 2023 — Centric Federal Credit Union in Louisiana has received regulatory approval for a major field-of-membership expansion, bringing it into Arkansas.
The $325 million-asset credit union in West Monroe has added 26 parishes and counties in Louisiana and neighboring Arkansas to its membership after the National Credit Union Administration approved the plans.
Centric Federal Credit Union CEO Rodney Parker said the company will expand into 26 new parishes and counties. Before the expansion, Centric’s field of membership covered only Ouachita and Lincoln parishes in north Louisiana.
“Centric FCU works earnestly to bring attentive, friendly solutions from start to finish and looks forward to being a great partner to the people in these communities,” Rodney Parker, Centric’s president and CEO, said in a press release Tuesday. Read more
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