Judicial & Justice Federal Credit Union

What Judicial & Justice Federal Credit Union does

Judicial & Justice Federal Credit Union (JJFCU) is a federally chartered, member-owned cooperative financial institution headquartered in the F. Edward Hebert Federal Building in New Orleans, Louisiana, with a second office on Poydras Street. Established in 1950 and regulated by the National Credit Union Administration (NCUA), the credit union serves a narrowly defined field of membership composed of employees, retirees, and families of the U.S. Judiciary and Justice Departments in the Eastern District of Louisiana, including the Fifth Circuit Court of Appeals, U.S. District Court, U.S. Bankruptcy Court, U.S. Attorney's Office, U.S. Public Defender, FBI, DEA, ATF, U.S. Marshals Service, Bureau of Prisons, DHS, HUD, DoL, and GSA. All member savings are federally insured by the NCUA up to $250,000 per member.

The product portfolio is centered on traditional deposit and lending services. Members access two savings products (Regular Share Account and Christmas Club Account) that pay quarterly dividends, a suite of consumer loans (signature loans up to $15,000, share secured loans, tuition loans up to $15,000 per year with 12-month repayment, and auto/motorcycle loans with up to 100% financing on new vehicles for 72 months), and VISA gift cards offered at a $3 fee per card. The credit union has no proprietary technology, no mobile application, no disclosed digital banking platform, and no third-party integrations — operations are conducted through two physical branches and the federal payroll deduction system that drives deposits and loan repayments.

The business model is a not-for-profit cooperative: revenue is generated almost entirely from interest income on loans and ancillary fees (a $5 one-time membership fee and gift card fees), with all residual earnings distributed back to members as dividends rather than paid to outside shareholders. Distribution is limited to in-person branch banking with daytime weekday hours, supported by an annual membership meeting and newsletter as the primary member communications channels. The institution employs 11-50 staff, including an Office Manager, and is governed by a volunteer Board of Directors, Credit Committee, and Supervisory Committee elected from the membership.

Name

Judicial & Justice Federal Credit Union

Legal name

Judicial and Justice Federal Credit Union

Website

https://jjfcu.com

Company type

Private

Founded year

1950

Operating status

Operating

Headcount range

11–50 employees

Short description

Judicial & Justice Federal Credit Union is a New Orleans-based, federally chartered member-owned credit union serving federal judiciary and justice employees of the Eastern District of Louisiana with savings accounts, auto and personal loans, and NCUA-insured deposits.

Ownership category

akta.pro rank

Product category

Federal Credit Union / Cooperative Retail Banking

NAICS

Credit Unions (52213), Credit Unions (522130), Depository Credit Intermediation (5221)

SIC

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

akta.pro primary industry

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

akta.pro secondary industry

Prime Unsecured Personal Loans (Installment) (FSAKAAAA)

Keywords

• Federal credit union
• Consumer lending
• Member savings accounts
• Auto loan financing
• Cooperative banking

Headquarters

HQ city

New Orleans

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income from Loans: The credit union generates revenue through interest charged on various loan products including signature loans, share secured loans, tuition loans, and auto/motorcycle loans. All earnings after operating costs and reserves are distributed to members as dividends.
2. Membership Fees: A one-time $5.00 membership fee is charged upon joining the credit union.
3. Gift Card Fees: VISA gift cards are offered with a $3.00 fee per card, available in denominations from $10.00 to $1000.00.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Judicial & Justice Federal Credit Union is a federally chartered, member-owned cooperative that provides deposit products (Regular Share Account and Christmas Club Account paying quarterly dividends) and a range of consumer loan products — including signature loans up to $15,000, share-secured loans, tuition loans up to $15,000 per year, and auto/motorcycle loans with up to 100% financing — to federal judiciary and justice-department employees in the Eastern District of Louisiana. It also issues VISA gift cards in denominations from $10 to $1,000 for a $3 fee, with all member savings federally insured by the NCUA up to $250,000.

Product overview

Judicial and Justice Federal Credit Union offers a centralized suite of financial products centered around its core deposit and lending services. The product portfolio includes two primary savings account types (Regular Share Account and Christmas Club Account) that pay quarterly dividends, alongside multiple loan products (Signature Loans, Share Secured Loans, Tuition Loans, Auto & Motorcycle Loans, and Special Loans) and VISA gift cards. The credit union emphasizes competitive rates and member-focused benefits, with loan payments available through automatic payroll deduction.

Differentiator

Problem solved

Functional benefit

Products and services

• Regular Share Account A core savings account for credit union members that pays dividends compounded quarterly on deposited balances, accessible to members in good standing.
• Christmas Club Account A dedicated holiday savings account that pays quarterly dividends, with deposits typically funded through automatic payroll deduction.
• Signature Loans Unsecured personal loans up to $15,000 based on applicant income, available to members in good standing.
• Share Secured Loans Loans secured by a member's share account balance, allowing borrowing up to the amount of the member's deposit.
• Tuition Loans Education loans up to $15,000 per year, payable in full within 12 months, with disbursement checks made payable to the member and the school(s).
• Auto & Motorcycle Loans Vehicle financing offering up to 100% financing (including tax, title, and license) for new vehicles with up to 72-month terms, and up to 90% financing for used vehicles with 48-month repayment; subject to special restrictions.
• Special Loans Seasonal loans offered at reduced rates at the discretion of the Board of Directors, subject to change.
• VISA Gift Cards Prepaid VISA gift cards available in denominations from $10.00 to $1,000.00, sold to members for a $3.00 per-card fee.

Quantifiable outcome

• Quarterly dividend payments on savings
• +2 more outcomes

Segments5 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves3 records

Expansion highlights2 records

Direct peers

• U.S. Senate Federal Credit Union: Federal credit union serving U.S. Senate employees. Direct peer with a parallel federal-employee field-of-membership structure, community-led GTM, and full NCUA-regulated depository/credit services.
• Justice Federal Credit Union: Federal credit union serving Department of Justice employees and their families nationally. Closest direct peer because it shares the same federal-justice employment field of membership and offers comparable savings, loan, and member-dividend structures.
• Federal Reserve Employees Credit Union (FRServe): Federal credit union serving employees of the Federal Reserve System. Direct peer as a federally chartered credit union serving a defined federal-agency employee population with the same community-led, member-owned operating model.
• Congressional Federal Credit Union: Federal credit union serving U.S. House of Representatives employees. Direct peer because it serves a defined federal-employee member base with a similar deposit-and-loan product mix and member-owned cooperative model.

Broad incumbents

• Pentagon Federal Credit Union (PenFed): One of the largest U.S. federal credit unions, serving defense, military, and federal employees nationwide. Comparable as a federally chartered credit union but with a much broader product suite and member base.
• Navy Federal Credit Union: Largest U.S. federal credit union serving military and federal employee members. Comparable as a federally chartered, member-owned cooperative serving federal employees, but at massively greater scale and digital maturity.

Regional players

• New Orleans Firemen's Federal Credit Union: Federal credit union serving New Orleans-area municipal employees. Comparable as a small, federally chartered community credit union operating in the same metro with a similar member-owned, limited-product style.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Judicial & Justice Federal Credit Union