STATE AGENCIES
State Agencies Federal Credit Union is a not-for-profit, member-owned credit union founded in 1950 that serves Louisiana state employees and their families from a single Shreveport branch with savings, checking, credit cards, and consumer loans.
- Company typePrivate
- Founded1950
- HeadquartersShreveport, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What STATE AGENCIES does
State Agencies Federal Credit Union (State Agencies FCU) is a federally chartered, not-for-profit, member-owned credit cooperative founded in 1950 to serve Louisiana state employees and their immediate family members. The institution operates as a closed-field credit union under a single branch at 1525 Fairfield Ave, Suite 672, Shreveport, Louisiana, with 24 employees and standard weekday branch hours of 9:00 a.m. to 2:30 p.m. Its deposits are federally insured up to $250,000 by the National Credit Union Share Insurance Fund (NCUSIF), administered by the NCUA.
The product portfolio is a conventional retail banking suite: a membership share account requiring a $25 share deposit and $1 fee, checking accounts with a $4 monthly service charge if balances fall below $500 and a $750 minimum to earn APY, ATM/debit cards with a $1 monthly fee, VISA credit cards marketed for low interest rates and minimal over-the-limit and late fees, and a consumer loan menu spanning auto, signature, boat/RV, and seasonal Christmas cash loans. Distribution is through the single branch, telephone banking (318-676-5113), and a website-based online banking platform; there is no mobile app, no API, and no documented third-party integrations. Core technology is described as a standard credit union banking platform without proprietary features.
The business model is a cooperative membership economy: revenue is generated from net interest income on the loan portfolio, small recurring service charges on deposit and card accounts, and modest transaction-related fees. The not-for-profit structure, regulated by the NCUA, is the defining feature of the operating model — surplus is returned to members through rate and fee competitiveness rather than distributed to outside shareholders. The customer base is narrowly defined by employment eligibility (Louisiana state employees and families), with no disclosed enterprise, business, or commercial banking segments, and no announced plans for field-of-membership expansion, geographic growth, or technology modernization.
STATE AGENCIES firmographics
Firmographics- Name
- STATE AGENCIES
- Legal name
- State Agencies Federal Credit Union
- Website
- https://stateagenciesfcu.com
- Company type
- Private
- Founded year
- 1950
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- State Agencies Federal Credit Union is a not-for-profit, member-owned credit union founded in 1950 that serves Louisiana state employees and their families from a single Shreveport branch with savings, checking, credit cards, and consumer loans.
- Ownership category
- akta.pro rank
STATE AGENCIES industry classification
Industry- Product category
- Credit Union Banking
- NAICS
- Credit Unions (52213), Depository Credit Intermediation (5221)
- SIC
- Savings Institution, Federally Chartered (6035), Personal Credit Institutions (6141)
- akta.pro primary industry
- Public Sector & Municipal Credit Unions (FSABAEAK)
- akta.pro secondary industries
- Employer/Occupational Credit Unions (FSABAEAB), Community Credit Unions (Retail/Consumer Focus) (FSABAEAA), Bank & Credit Union Personal Loans (Unsecured Installment) (FSAKAAAL)
Keywords
Where STATE AGENCIES is headquartered
LocationHeadquarters
- HQ city
- Shreveport
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
STATE AGENCIES business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Membership Fees: Credit union membership with a $25 share deposit and $1 membership fee required to join
- Loan Products: Interest income from auto loans, signature loans, boat/RV loans, Christmas cash loans, and credit cards
- Service Fees: Monthly service charges ($4 for checking), ATM/debit card fees ($1/month), and potential over-limit/late fees on credit cards
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Pay-as-you-go | Membership Share Account |
| Subscription | Monthly | Checking Account |
| Subscription | Monthly | ATM/Debit Card |
| Usage-based | Pay-as-you-go | Credit Cards |
| Usage-based | Pay-as-you-go | Loan Products |
Distribution channels3 records
Marketing channels3 records
STATE AGENCIES product offering
Product offeringCore offering
State Agencies Federal Credit Union is a not-for-profit, member-owned financial cooperative that provides traditional banking products and consumer loans to Louisiana state employees and their immediate family members. Core offerings include savings (share) accounts, checking accounts, ATM/debit cards, VISA credit cards, and a range of consumer loans (auto, signature/unsecured, boat/RV, and seasonal Christmas cash loans). All deposits are federally insured up to $250,000 through the NCUSIF administered by the NCUA.
Product overview
State Agencies Federal Credit Union is a not-for-profit financial institution offering a unified portfolio of traditional banking products and services to Louisiana state employees and their families. The core offerings include savings and checking accounts with membership requirements, VISA credit cards with competitive rates, and a variety of loan products (auto, signature, boat/RV, and seasonal Christmas loans). Additional services include ATM/debit cards and online banking access. The institution provides financial calculators as informational tools for member decision-making.
Differentiator
Problem solved
Functional benefit
Products and services
- Membership Share Account Primary savings account required for credit union membership; requires a $25.00 share deposit plus a $1.00 membership fee. Federally insured up to $250,000 by NCUSIF/NCUA. Targeted at Louisiana state employees and their immediate family members.
- Checking Accounts
Companies that use STATE AGENCIES
Customer profileSegments2 records
Ideal customer profiles1 record
STATE AGENCIES technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
STATE AGENCIES partnerships and signals
Strategic signalScale indicators1 record
Recent moves3 records
Expansion highlights3 records
STATE AGENCIES competitors and assessment
Company assessmentDirect peers
- Barksdale Federal Credit Union: Louisiana-based federal credit union serving military and broader community members, with a comparable suite of savings, checking, consumer loans, and credit cards; overlaps on consumer banking and credit union cooperative model.
- Neighbors Federal Credit Union: Baton Rouge-based Louisiana credit union offering a full suite of consumer banking products including auto loans, credit cards, and savings; directly comparable Louisiana community credit union.
- CSE Federal Credit Union: Louisiana federal credit union offering similar consumer banking and lending products to a defined-membership base; directly comparable small-scale federal credit union operating model.
- Pelican State Credit Union: Louisiana-headquartered credit union serving state and public-sector employees with a similar deposit and consumer loan product set; competes for the same Louisiana state employee membership pool.
- ASI Federal Credit Union: Louisiana federal credit union serving a defined membership with consumer loans, deposits, and credit cards; closely comparable small-scale federal credit union serving a workplace or community field of membership.
- Campus Federal Credit Union: Louisiana credit union operating with a defined occupational/affiliate membership, offering deposits, consumer loans, and credit cards; comparable membership-driven federal credit union model.
- La Capitol Federal Credit Union: Louisiana-chartered credit union providing deposit accounts, consumer loans, and credit cards to a statewide membership; direct comparable in size, scope, and Louisiana public-sector orientation.
Broad incumbents
- Pentagon Federal Credit Union: Large national federal credit union serving military, government employees, and affiliated members; comparable public-sector member focus with much broader product breadth and digital capabilities.
- Navy Federal Credit Union: Largest U.S. federal credit union, serving military and government-affiliated personnel with a full banking and lending platform; represents the scaled public-sector credit union model State Agencies FCU aspires to compete against.
Regional players
- Red River Federal Credit Union: Louisiana and Texas regional credit union offering consumer and mortgage lending with multiple branches; comparable product mix though larger geographic footprint than State Agencies FCU.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
STATE AGENCIES social profiles
Digital presenceSTATE AGENCIES compliance and trust
Trust signalCompliance1 record
STATE AGENCIES financial estimates
Financial estimateRevenue estimate
Valuation estimate
STATE AGENCIES leadership team
Management profileNumber of profiles
STATE AGENCIES funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
STATE AGENCIES 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 STATE AGENCIES
What does STATE AGENCIES do?
State Agencies Federal Credit Union is a not-for-profit, member-owned financial cooperative that provides traditional banking products and consumer loans to Louisiana state employees and their immediate family members. Core offerings include savings (share) accounts, checking accounts, ATM/debit cards, VISA credit cards, and a range of consumer loans (auto, signature/unsecured, boat/RV, and seasonal Christmas cash loans). All deposits are federally insured up to $250,000 through the NCUSIF administered by the NCUA.
Is STATE AGENCIES a public or private company?
STATE AGENCIES is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was STATE AGENCIES founded?
STATE AGENCIES was founded in 1950. It employs 11 to 50 people.
Where is STATE AGENCIES based?
STATE AGENCIES is headquartered in Shreveport, United States, in the North America region.
How does STATE AGENCIES make money?
Three revenue lines are on record. Membership Fees are the primary driver. The others are loan Products and service Fees.
Who are STATE AGENCIES's main competitors?
Direct peers on record are Barksdale Federal Credit Union, Neighbors Federal Credit Union, CSE Federal Credit Union, Pelican State Credit Union, ASI Federal Credit Union, Campus Federal Credit Union and La Capitol Federal Credit Union. Broad incumbents are Pentagon Federal Credit Union and Navy Federal Credit Union. Red River Federal Credit Union is listed as a regional player.
Does STATE AGENCIES have an API?
No public API is recorded for STATE AGENCIES.
What industry is STATE AGENCIES in?
STATE AGENCIES's product category is Credit Union Banking. Its primary akta.pro industry code is FSABAEAK, Public Sector & Municipal Credit Unions, with a secondary code of FSABAEAB, Employer/Occupational Credit Unions. Its NAICS code is 52213 and its SIC code is 6035.