Louisiana Federal Credit Union

Name

Louisiana Federal Credit Union

Legal name

OnPath Federal Credit Union

Website

https://louisianafcu.org

Company type

Private

Founded year

1935

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Retail Banking (Credit Union)

NAICS

Credit Unions (52213), Savings Institutions and Other Depository Credit Intermediation (522180), Credit Card Issuing (522210)

SIC

Savings Institution, Federally Chartered (6035), Personal Credit Institutions (6141)

akta.pro primary industry

Community Credit Unions (Retail/Consumer Focus) (FSABAEAA)

akta.pro secondary industry

Bank & Credit Union Personal Loans (Unsecured Installment) (FSAKAAAL)

Keywords

• Retail banking services
• Consumer lending
• Mortgage financing
• Credit union services
• Deposit accounts

Headquarters

HQ city

Gonzales

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Interest Income on Loans: Primary revenue from interest charged on consumer loans, auto loans, mortgages, credit cards, and business loans. As a credit union, profits are distributed back to members through better rates.
2. Fee-based Services: Various banking fees including overdraft protection, courtesy pay, and other account service fees. Financial counseling services offered.
3. Interest on Investments: Income from share certificates, money market accounts, and regular savings accounts held by members.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Louisiana Federal Credit Union (OnPath Federal Credit Union) is a federally chartered, member-owned cooperative providing retail and small-business banking services. Its core offerings span personal and business checking and savings accounts, share certificates, IRAs, consumer and business credit cards, consumer loans, business loans, vehicle and recreational financing, and a full mortgage suite, delivered through physical branches, online and mobile banking, ITMs, and nationwide shared branching and ATM networks.

Product overview

OnPath Federal Credit Union offers a comprehensive financial services platform consisting of multiple product categories designed to serve members throughout their financial journey. The core offerings include checking accounts (Rewards High Yield Checking, Rewards Cash Back Checking, Forward Checking, Rise Checking, and business accounts), savings products (Regular Savings, Christmas Club, Share Certificates, Money Market, and IRA accounts), and investment services. For borrowing needs, the credit union provides credit cards (Low Rate Mastercard, World Elite Rewards Mastercard, Secured Mastercard), consumer loans (Signature loans, Lines of Credit, Tuition Loans), business loans (Vehicle, Equipment, Commercial Properties), and vehicle loans (Auto, Recreational including motorcycles, ATVs, boats, RVs). The mortgage suite includes Conventional, HELOCs, Home Equity, Construction Loans, FHA/VA Loans, and specialized First Time Homebuyer and Physician & Professional Home Loan programs. Digital banking services encompass Online Banking, Mobile Banking, Bill Pay, ITMs, and Card Control. The product portfolio is complemented by financial assistance services, auto buying tools with preferred dealers, insurance products, and the OnPath Rewards member loyalty program. All services are federally insured by NCUA and backed by the full faith and credit of the United States Government.

Differentiator

Problem solved

Functional benefit

Products and services

• Rewards High Yield Checking High-yield personal checking account designed to earn elevated interest rates on balances, part of the personal checking account suite for individual members.
• Rewards Cash Back Checking

Quantifiable outcome

• 96% of credit union members favor their credit union experience over a bank

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature2 records

Partnerships

Five partnerships are on record, tiered core and minor.

• EvonikcoreStrategic or Co-development PartnerStrategic employer partnership providing employee benefits. All Evonik employees receive great benefits and rewards for being credit union members with no fees. Business partner relationship providing financial services to employees.
• Gateway FordminorGTM or Marketing PartnerAutomotive dealer partnership for financial education. The credit union teaches Gateway Ford employees about saving for their future through workplace financial wellness programs.
• OnPath FoundationcoreStrategic or Co-development PartnerThe OnPath Foundation empowers Southeast Louisiana through education, homeownership, and entrepreneurship to build lasting generational wealth. Related to the credit union's community mission.
• CO-OP Shared BranchingcoreTechnology or IntegrationNetwork partnership providing access to over 5,000 credit union branches nationwide for members traveling outside the local service area.
• Allpoint ATM NetworkcoreTechnology or IntegrationATM network partnership providing access to over 30,000 surcharge-free ATMs nationwide, eliminating ATM fees for members.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Pelican State Credit Union: Louisiana-based community federal credit union serving individuals and businesses across the state with deposit, lending, and mortgage products. Highly comparable given overlapping geography, similar size tier, and parallel community-cooperative mission.
• Campus Federal Credit Union: Baton Rouge, Louisiana-based federal credit union originally serving LSU and the university community, now open to broader Louisiana residents. Directly comparable in charter type, product breadth (checking, lending, mortgages), and Southeast Louisiana operating region.
• ASI Federal Credit Union: Harahan, Louisiana-based federal credit union providing personal and business banking, lending, and wealth services in the Greater New Orleans area. Direct peer in geography, charter type, and community-credit-union operating model.

Broad incumbents

• Alliant Credit Union: Top-10 U.S. credit union serving members nationwide with checking, savings, lending, mortgages, and credit cards, anchored by a digital-first model. Comparable member-owned structure and product scope, with national scale that exceeds OnPath's regional footprint.
• SchoolsFirst Federal Credit Union: California-based community federal credit union serving school employees and broader communities with a comprehensive checking, lending, mortgage, and investment product suite. Comparable member-owned cooperative model and product depth at a larger regional scale.
• Connexus Credit Union: Large national community credit union offering full-service retail and SMB banking, mortgages, and credit cards with strong digital channels. Comparable in member-owned model and product breadth, but operates at materially larger scale and national scope.
• PenFed (Pentagon Federal Credit Union): One of the largest U.S. federal credit unions, offering retail and consumer banking, mortgages, auto loans, and credit cards to a national membership. Comparable federally chartered structure and full retail banking stack, though military-affiliated membership and scale differ.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/louisianafcu

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Louisiana Federal Credit Union