Shreveport Federal Credit Union

Rated star_ratedstar_ratedstar_ratedstar_ratedstar_normal by Credit Guide
Review based on 12 criteria Rating: 4 out of 5

P O Box 3261, Shreveport, LA 71133

Website

(318) 798-4061

Data Source: NCUA, December 31, 2016


Shreveport Federal Credit Union was founded in 1956. Headquartered in Shreveport, Louisiana, Shreveport Federal Credit Union is a federally chartered and federally insured credit union, operating within the regulation of the National Credit Union Association (NCUA) and being insured through the National Credit Union Share Insurance Fund (NCUSIF). Shreveport Federal 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, Shreveport Federal Credit Union services 22,235 members through its 8 offices and branches and 68 full-time and 5 part-time employees. It has $106,738,494 of total assets and $15,641,709 of net worth. Based on its asset size and net worth ratio, Shreveport Federal Credit Union is classified as a Well Capitalized medium large credit union.

Shreveport Federal 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. Shreveport Federal Credit Union also provides an array of services to its members and local communities. To find out more, please go to the Services page.

The following two tables list the deplitory and loan interest rates of Shreveport Federal 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
0.5000
0.0000
0.0000
Savings
0.4300
0.2000
0.1200
Money Market
0.0000
0.2600
0.2500
Certificate Deplit
1.0100
0.6500
0.5800
IRA
2.3300
0.6450
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of Louisiana
National Median Rates
Credit Cards
8.9000
9.9000
9.9900
Unsecured Line of Credits
8.9000
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
1.9900
4.0000
3.3300
Used Car Loans
2.9900
6.0050
4.5000
1st Mortgage Real Estates
5.5000
5.0500
4.2500
Other Real Estates
4.4000
5.4550
4.7000

Shreveport Federal 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 Shreveport Federal Credit Union.

Electronic Banking Service Offerings

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

As a community financial institution, Shreveport Federal Credit Union actively involves in local communities by prliding services such as financial counseling, financial education, financial literacy workshops, first tim home buyer programs, and student scholarships.

Community and other Service Offerings

Financial Counselling
Yes
Bilingual Services
Yes
Free Bill Pay
Yes
Financial Education
Yes
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
Yes
Student Scholarships
Yes
Insurance/Investment Sales
Yes
First Time Homebuyer Program
Yes
Shreveport Federal Credit Union
1010 Jacobs St
Shreveport, LA 71101
Phone:318-425-6103

Shreveport Federal Credit Union
Main Office

8530 Fern Ave
Shreveport, LA 71105-5652
Phone:318-798-4061

Shreveport Federal Credit Union
380 S Franklin St
Bastrop, LA 71220
Phone:318-281-8863

Shreveport Federal Credit Union
558 Highway 6 E
Batesville, MS 38606
Phone:662-563-8360

Shreveport Federal Credit Union Clarksdale Branch
220 1st St
Clarksdale, MS 38614
Phone:662-624-5341

Shreveport Federal Credit Union Grambling Branch
113 Edith Rose Ln
Grambling, LA 71245-3059
Phone:318-247-6371

Shreveport Federal Credit Union Jewella Branch
2230 Jewella Ave
Shreveport, LA 71109-2410
Phone:318-678-5561

Shreveport Federal Credit Union Marks Branch
320 W Main St
Marks, MS 38646
Phone:662-326-7267

(318) 798-6591

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  1. Credit Guide Staff
    Credit Guide Staff

    Last Updated on May 30, 2017

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