Louisiana USA Federal Credit Union
- Company typePrivate
- Founded1950
- HeadquartersBaton Rouge, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
Louisiana USA Federal Credit Union firmographics
Firmographics- Name
- Louisiana USA Federal Credit Union
- Legal name
- Louisiana USA Federal Credit Union
- Website
- https://lausafcu.org
- Company type
- Private
- Founded year
- 1950
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Louisiana USA Federal Credit Union industry classification
Industry- Product category
- Retail Banking
- NAICS
- Credit Unions (52213)
- SIC
- Savings Institution, Federally Chartered (6035)
- akta.pro primary industry
- Community Credit Unions (Retail/Consumer Focus) (FSABAEAA)
- akta.pro secondary industry
- Employer/Occupational Credit Unions (FSABAEAB)
Keywords
Where Louisiana USA Federal Credit Union is headquartered
LocationHeadquarters
- HQ city
- Baton Rouge
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Louisiana USA Federal Credit Union business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Interest Income on Loans: Revenue generated from interest charged on various loan products including mortgages, auto loans, home equity lines of credit, and credit cards. This is the primary revenue driver for credit unions.
- Financial Services Fees: Fees collected for various banking services including account maintenance, ATM usage, wire transfers, overdraft protection, and other financial transactions.
- Deposit Account Services: Revenue from member deposits used to fund loans, with spreads between borrowing and lending rates.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Checking and Savings Account Products |
| Other | Pay-as-you-go | Loan Products |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels4 records
Louisiana USA Federal Credit Union product offering
Product offeringCore offering
Louisiana USA Federal Credit Union is a federally chartered, not-for-profit, member-owned cooperative that provides retail banking services to individuals, including checking and savings accounts, consumer loans (auto, personal), mortgage and HELOC lending, credit cards, and digital banking tools. The institution operates with a community-focused mission, reinvesting earnings back into members through competitive rates and reduced fees, and offers ancillary financial services such as insurance and estate planning.
Product overview
Formation Credit Union offers a comprehensive suite of traditional banking products and services organized around core deposit accounts (checking and savings), lending products (mortgages, home equity lines, auto loans, credit cards, and other loans), and digital banking channels. The credit union provides both web-based online banking through Financial-Net and mobile applications for iOS and Android. Additional services include Total Source financial wellness tools, insurance products, and shared branching through the Co-Op network for nationwide access. The product architecture is a traditional credit union model with products organized by function rather than a platform-plus-modules structure.
Differentiator
Problem solved
Functional benefit
Products and services
- Checking Accounts Personal checking account products for individual members, including free checking options and debit card access.
- Savings Accounts Personal savings products including youth savings and holiday savings accounts designed for individual members and families.
- Money Market Accounts Higher-yield deposit products for members seeking greater returns on balances above standard savings thresholds.
- Share Certificates (CDs) Term-deposit certificates offered to members with fixed maturities and interest rates.
- Auto Loans Consumer vehicle financing for new and used cars, trucks, boats, motorcycles, ATVs, and recreational vehicles, with in-house underwriting through the credit union.
- Mortgage Loans Home mortgage financing for purchasing or refinancing primary residences, with rates and closing costs noted as lower than industry averages.
- Home Equity Line of Credit (HELOC) Revolving credit line secured by home equity for member borrowing needs.
- Personal Loans Unsecured consumer loans for individual members for various personal financing needs.
- Credit Cards Visa credit card products for members with competitive rates and rewards.
- Insurance Products Insurance offerings including auto, home, life, and supplemental coverage distributed through member-focused partnerships.
- Estate Planning Services Estate planning support and resources provided to members in partnership with third-party providers.
- Online & Mobile Banking Digital banking platform allowing members to view accounts, transfer funds, pay bills, deposit checks remotely, and view e-statements.
Companies that use Louisiana USA Federal Credit Union
Customer profileSegments2 records
Ideal customer profiles1 record
Louisiana USA Federal Credit Union technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
Louisiana USA Federal Credit Union partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Co-Op Shared BranchingcoreCo-Op Service provides shared branching network allowing Formation Credit Union members to access branches and ATMs across the United States. Downloadable app and Service Center & ATM Locator enables finding nearest shared branching location.
Scale indicators2 records
Recent moves5 records
Expansion highlights4 records
Louisiana USA Federal Credit Union competitors and assessment
Company assessmentDirect peers
- Campus Federal Credit Union: Baton Rouge-headquartered credit union affiliated with the LSU community, offering checking, savings, mortgages, auto loans, and credit cards. Comparable in scale, product mix, and Baton Rouge operating geography.
- Pelican State Credit Union: Louisiana-based federally insured credit union serving Baton Rouge and surrounding markets with similar deposit, lending, and digital banking products. Most directly comparable peer given overlapping geographic footprint and member base.
- SchoolsFirst Federal Credit Union: Employer/occupational credit union serving a defined membership group with full suite of consumer banking products. Comparable cooperative structure, SEG-style membership model, and federally insured status.
- Louisiana Federal Credit Union: Statewide Louisiana credit union serving members with traditional deposit and lending products. Comparable as a community credit union operating within the same regulatory framework and overlapping member geography.
Broad incumbents
- Alliant Credit Union: Large digital-first credit union offering nationwide membership with checking, savings, mortgages, auto loans, and credit cards. Comparable product suite and federally insured cooperative model, though with significantly larger asset base.
- Ally Bank: Digital-first bank offering nationwide deposit accounts, mortgages, auto loans, and credit cards. Comparable product breadth and consumer focus, with a national digital footprint that competes for the same Baton Rouge-area members.
- PenFed (Pentagon Federal Credit Union): Large federally chartered credit union offering nationwide deposit, lending, and credit card products. Comparable as a federally chartered cooperative institution with similar member-focused value proposition, though operating at materially larger scale.
Others
- Fiserv: Core banking and loan administration technology provider powering this credit union's account origination, mortgage servicing, and digital banking. Listed because it is a key infrastructure dependency and enabler for the institution's product delivery.
Regional players
- JN Bank (Louisiana): Louisiana-based community bank operating in Baton Rouge and broader Louisiana markets with comparable deposit and consumer lending products. Direct competitor for SEG partnerships and consumer banking relationships.
Emerging players
- Chime: Digital-first consumer banking platform offering checking, savings, and credit products with no monthly fees. Comparable target demographic (mainstream US consumers) and overlapping product suite, though structurally different as a fintech rather than cooperative.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Louisiana USA Federal Credit Union social profiles
Digital presenceLouisiana USA Federal Credit Union compliance and trust
Trust signalCompliance3 records
Louisiana USA Federal Credit Union financial estimates
Financial estimateRevenue estimate
Valuation estimate
Louisiana USA Federal Credit Union leadership team
Management profileNumber of profiles
Profiles1 record
Louisiana USA Federal Credit Union funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Louisiana USA Federal Credit Union M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Louisiana USA Federal Credit Union
What does Louisiana USA Federal Credit Union do?
Louisiana USA Federal Credit Union is a federally chartered, not-for-profit, member-owned cooperative that provides retail banking services to individuals, including checking and savings accounts, consumer loans (auto, personal), mortgage and HELOC lending, credit cards, and digital banking tools. The institution operates with a community-focused mission, reinvesting earnings back into members through competitive rates and reduced fees, and offers ancillary financial services such as insurance and estate planning.
Is Louisiana USA Federal Credit Union a public or private company?
Louisiana USA Federal Credit Union is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Louisiana USA Federal Credit Union founded?
Louisiana USA Federal Credit Union was founded in 1950. It employs 11 to 50 people.
Where is Louisiana USA Federal Credit Union based?
Louisiana USA Federal Credit Union is headquartered in Baton Rouge, United States, in the North America region.
How does Louisiana USA Federal Credit Union make money?
Three revenue lines are on record. Interest Income on Loans are the primary driver. The others are financial Services Fees and deposit Account Services.
Who are Louisiana USA Federal Credit Union's main competitors?
Direct peers on record are Campus Federal Credit Union, Pelican State Credit Union, SchoolsFirst Federal Credit Union and Louisiana Federal Credit Union. Broad incumbents are Alliant Credit Union, Ally Bank and PenFed (Pentagon Federal Credit Union). Fiserv is listed as an others. JN Bank (Louisiana) is listed as a regional player. Chime is listed as an emerging player.
Does Louisiana USA Federal Credit Union have an API?
No public API is recorded for Louisiana USA Federal Credit Union.
What industry is Louisiana USA Federal Credit Union in?
Louisiana USA Federal Credit Union's product category is Retail Banking. Its primary akta.pro industry code is FSABAEAA, Community Credit Unions (Retail/Consumer Focus), with a secondary code of FSABAEAB, Employer/Occupational Credit Unions. Its NAICS code is 52213 and its SIC code is 6035.