Department Of Corrections Credit Union

Rated star_ratedstar_ratedstar_ratedstar_normalstar_normal by Credit Guide
Review based on 12 criteria Rating: 3 out of 5

P O Box 4789, Baton Rouge, LA 70821-4789

Website

(225) 342-6618

Data Source: NCUA, December 31, 2016


Department Of Corrections Credit Union was founded in 1957. Headquartered in Baton Rouge, Louisiana, Department Of Corrections Credit Union is a state chartered and federally insured credit union, being chartered in Louisiana and insured through the National Credit Union Share Insurance Fund (NCUSIF). Department Of Corrections Credit Union is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.

As of December 31, 2016, Department Of Corrections Credit Union services 12,741 members through its 10 offices and branches and 45 full-time and 5 part-time employees. It has $77,974,079 of total assets and $13,927,772 of net worth. Based on its asset size and net worth ratio, Department Of Corrections Credit Union is classified as a Well Capitalized medium credit union.

Department Of Corrections Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Department Of Corrections Credit Union also provides an array of services to its members and local communities. Department Of Corrections Credit Union plans to extend its services by adding more branches or service centers in the next 12 month. To find out more, please go to the Services page.

The following two tables list the deplitory and loan interest rates of Department Of Corrections Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in Louisiana and in the nation.

Major Deplitory Accounts and Interest Rates (%)

Interest Rate
Median of Louisiana
Median of USA
Checking
0.2000
0.0000
0.0000
Savings
0.3500
0.2000
0.1200
Money Market
0.3500
0.2600
0.2500
Certificate Deplit
0.7500
0.6500
0.5800
IRA
0.7500
0.6450
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of Louisiana
National Median Rates
Credit Cards
12.9000
9.9000
9.9900
Unsecured Line of Credits
16.7500
11.9700
10.9500
Short-term Small Amount
n/a
28.0000
25.0000
Student Loans
n/a
6.0000
6.0200
New Car Loans
3.6500
4.0000
3.3300
Used Car Loans
6.2500
6.0050
4.5000
1st Mortgage Real Estates
4.2500
5.0500
4.2500
Other Real Estates
n/a
5.4550
4.7000

Department Of Corrections Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Department Of Corrections Credit Union.

Electronic Banking Service Offerings

Membership Application
No
No
Share Account Transfers
Yes
New Loan Application
Yes
Share Draft Orders
Yes
Yes
New Share Account
No
Bill Payment
Yes
Yes
e-Statements
Yes
Loan Payments
Yes
No
Account Balance Inquiry
Yes
No
No
View Account History
Yes
No

.

Community and other Service Offerings

Financial Counselling
No
Bilingual Services
No
Free Bill Pay
Yes
Financial Education
No
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
No
Student Scholarships
No
Insurance/Investment Sales
No
First Time Homebuyer Program
No
Angie Branch
63648 Prison Rd
Angie, LA 70426
Phone:985-986-5250

Angola Branch
18535 Tunica Trace
Angola, LA 70712
Phone:225-655-0815

Cottonport Branch
1607 Prison Rd
Cottonport, LA 71327
Phone:318-876-2005

Dept. Of Corr. Credit Union
Main Office

704 Mayflower St
Baton Rouge, LA 70802-6423
Phone:225-342-6618

Dept. Of Corr. Credit Union
6303 Esler Field Rd
Pineville, LA 71360-3790
Phone:318-641-3600

Dequincy Branch
14921 Highway 27 North
Dequincy, LA 70633
Phone:337-786-4166

Homer Branch
694 Bell Hill Rd
Homer, LA 71040-2150
Phone:318-927-1798

Jackson Branch
5566 Highway 68
Jackson, LA 70748
Phone:225-634-4800

Pineville Branch
6303 Esler Field Rd
Pineville, LA 71360
Phone:318-641-3600

St. Gabriel Branch
6925a Highway 74
Saint Gabriel, LA 70776
Phone:225-642-7933

(225) 342-4088

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  1. Credit Guide Staff
    Credit Guide Staff

    Last Updated on May 30, 2017

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