Livingston Parish Federal Credit Union

What Livingston Parish Federal Credit Union does

Livingston Parish Federal Credit Union (LPFCU) is a federally chartered, member-owned, not-for-profit credit union founded in 1969 and headquartered at 890 Florida Blvd. SE, Denham Springs, Louisiana. Its field-of-membership is restricted to individuals who live, work, worship, or attend school in Livingston Parish, plus immediate family members of existing members, giving it a defined geographic-eligibility footprint within a single Louisiana parish.

The credit union operates a conventional retail banking product set: deposit products (Special Share, regular Savings, Share Draft checking, Christmas Club, Vacation Club, and 6- to 24-month Certificates of Deposit) and consumer lending products (new and used auto/boat/RV/camper/motorcycle/ATV loans with up to 72-month terms, unsecured personal loans, and share- and certificate-secured loans). Member service is delivered through one physical branch, an outsourced online banking portal hosted on w-w-i-s.com, a 24/7 Audio Teller IVR system, and direct deposit/direct payment rails (routing number 265473922). Add-on credit insurance products include Member's Choice Loan Protection and Disability Coverage.

Revenue is generated primarily through net interest spread on consumer loans and member deposits, supplemented by transaction fees ($20 loan application, $30 processing, $25 late, $30 NSF, $20 early club withdrawal) and ancillary income such as theme park ticket sales. The "Once a Member, Always a Member" retention policy and 55+ years of community presence form the core of its member retention strategy. Leadership consists of CEO Fred Banks; no parent company, subsidiaries, M&A activity, funding rounds, or external investors are reported.

Name

Livingston Parish Federal Credit Union

Legal name

Livingston Parish Federal Credit Union

Website

https://lpfcu.org

Company type

Private

Founded year

1969

Operating status

Operating

Short description

Livingston Parish Federal Credit Union is a member-owned, not-for-profit federal credit union founded in 1969, serving Livingston Parish, Louisiana residents with consumer deposit accounts, vehicle and personal loans, and digital banking via a single Denham Springs branch and online/IVR channels.

Ownership category

akta.pro rank

Product category

Retail Banking / Community Credit Union Services

NAICS

Credit Unions (52213)

SIC

Savings Institution, Federally Chartered (6035)

akta.pro primary industry

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

Keywords

• Retail banking services
• Consumer lending
• Share certificate accounts
• Credit union deposits
• Community financial services

Headquarters

HQ city

Denham Springs

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Membership Fees: One-time membership fee of $10 to join the credit union.
2. Loan Interest Income: Interest income from secured and unsecured loans including auto, boat, RV, personal loans, share-secured loans, and certificate-secured loans.
3. Checking Account Fees: Fees including $500 minimum balance requirement, $30 NSF check fee, and potential service charges.
4. Loan Fees: Loan application fee of $20 (non-refundable), loan processing fee of $30, late fees of $25 for payments over 10 days late, and $20 early withdrawal fee for club accounts.
5. Savings and CD Income: Dividend payments to members on savings accounts (balances over $100) and Certificates of Deposit. The credit union pays interest on member deposits.
6. Direct Deposit and Payment Services: Electronic funds transfer services for payroll, pension, Social Security benefits, and recurring bill payments. Routing & Transit Number: 265473922.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Livingston Parish Federal Credit Union is a not-for-profit, member-owned federal credit union providing retail banking and consumer lending services to residents and select employee groups of Livingston Parish, Louisiana. It offers savings and checking accounts, share certificates (CDs), consumer loans, mortgage and auto loans, and Audio Teller/online banking channels, operating under a single branch in Denham Springs.

Product overview

Livingston Parish Federal Credit Union is a nonprofit financial institution offering a comprehensive suite of banking products and services. The core offering centers on deposit accounts (Special Share, Savings, Checking, Christmas Club, Vacation Club, and Certificates of Deposit) combined with diversified lending products (new/used vehicle loans, personal loans, and share-secured loans). Add-on insurance products include Member's Choice Loan Protection and Disability Coverage. Digital access is provided through Audio Teller (24/7 telephone banking) and Online Banking (real-time web platform), while convenience services include Direct Deposit, Direct Payment, and Theme Park Tickets. All products operate under a 'Once a Member, Always a Member' policy.

Differentiator

Problem solved

Functional benefit

Products and services

• Checking Account Standard deposit product allowing members to build savings with the credit union, earning dividends and providing the basis of member share ownership.

Quantifiable outcome

• 100% financing available for new and used vehicles including tax, title, and license
• +3 more outcomes

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Regional players

• Investar Bank: Baton Rouge-based community bank with consumer deposit, mortgage and small-business lending. Relevant local competitor for deposit and consumer lending share within Livingston Parish and the surrounding Louisiana market.
• Red River Bank: Alexandria, Louisiana-based community bank with consumer deposit and lending products. Comparable as another Louisiana community-bank competitor of similar scale in the broader regional deposit landscape.
• MidSouth Bank: Louisiana-headquartered community bank serving retail and small-business customers across the Baton Rouge region and broader state. Comparable as a similarly scaled, community-anchored deposit-taking institution competing for the same Livingston Parish household wallet share.
• Home Bank: Lafayette, Louisiana-headquartered community bank with retail and small-business focus. Comparable as a regional Louisiana deposit-and-lending institution of similar community-bank scale competing for Louisiana retail deposits.
• Keesler Federal Credit Union: Biloxi, Mississippi-based federal credit union of similar scale with a defined-affiliation membership model, comparable deposit and consumer loan offerings and community-bank-like operating profile — useful as a non-Louisiana reference point for similarly structured FCUs.

Direct peers

• Associated Federal Credit Union: Louisiana-based community credit union offering deposit accounts, consumer and vehicle lending, and member-focused banking services to a defined regional membership.
• Barksdale Federal Credit Union: Louisiana-headquartered federal credit union (Bossier City) with a similar community-chartered structure, deposit and consumer loan product suite, and multi-channel banking model serving a defined membership.
• Campus Federal Credit Union: Baton Rouge-based federal credit union serving a defined membership community in Louisiana. Closely comparable as another federally chartered Louisiana credit union with consumer lending, deposit products and digital banking services.
• Pelican State Credit Union: Louisiana-headquartered credit union serving a similar retail/consumer membership across the Baton Rouge metro region, including Livingston Parish. Directly comparable in product mix (deposits, auto and consumer lending) and member-owned structure.

Broad incumbents

• Alliant Credit Union: Large, multi-state federal credit union offering the full suite of consumer deposit, auto loan and digital banking products. Useful as a broad-incumbent reference for the digital, product and rate trajectory that smaller FCUs like LPFCU will need to compete against.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Livingston-Parish-Federal-Credit-Union-1035792906443958

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 Livingston Parish Federal Credit Union